World Steel Association reported Friday that the global crude steel production in April was up 4.1 percent compared with April 2017.
The 64 countries reporting to the World Steel Association produced 148.3 million tons (MT) in April.
According to the report, China’s crude steel production for April 2018 was 76.7 MT, up 4.8 percent compared to April 2017. Japan, meanwhile, hit 8.7 MT, down 0.4 percent from April 2017.
India hit 8.7 MT, up 5.6% compared to April 2017. South Korea’s crude steel production, was also up, by 7.1% to 5.9 MT last month.
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Domestically, the U.S. produced 6.9 MT of crude steel in April 2018, up 3.6% from April 2017.
Within the European Union (E.U.), Italy hit 2.1 MT of crude steel, up by 3.7percent. France produced 1.4 MT of crude steel, up by 10.7 percent. Spain produced 1.3 MT of crude steel, up by 7.5 percent.
Brazil’s production rose 1.9 percent to 3.0 MT, while Ukraine saw a 6.0 percent increase up to 1.7 MT.
Production in Turkey was down for the month, dropping 3.1 percent to 3.0 MT.
The global crude steel capacity utilization rate was up 2.4 percentage points from April 2017, at 76.9% for April 2018.
Frontpage September 27, 2019