24/03/2009

February 2009 Crude Steel Production

Crude steel production showed a continued decrease in nearly all the major steel-producing countries in February 2009 compared to the same month in 2008, except for Iran and China.

Iran recorded an increase of 15.9% in February 2009, producing 0.9 mmt of crude steel, and the Middle East is the only region showing production growth this month.

China’s crude steel production for February 2009 was 40.4 mmt, an increase of 4.9% on February 2008. Japan produced 5.5 mmt of crude steel in February 2009, down -44.2% compared to the same month last year. South Korea showed a decrease of -24.8% from February 2008, producing 3.2 mmt of crude steel in February 2009.

In the EU, Germany produced 2.6 mmt of crude steel in February 2009, a decrease of -31.6% from February 2008. Italy’s crude steel production was 1.7 mmt, down -39.9% compared to the same month last year. France showed a decrease of -35.7% from February 2008, producing 1.0 mmt in February 2009. Spain’s crude steel production for February 2009 was 0.9 mmt, - 35.7% less than the same month last year.

The US produced 3.8 mmt of crude steel in February 2009, a decrease of -54.2% compared to the same month last year. Brazilian production was 1.7 mmt, -39% less than in February 2008.

Russia showed a -32.1% decrease from February 2008, producing 4.1 mmt of crude steel in February 2009. Ukraine produced 2.3 mmt of crude steel in February, a -33.6% decrease on the same month 2008.


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