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BIG RISE IN CRUDE STEEL PRODUCTION
18 November 2004 - International Iron and Steel Institute
| October 2004 crude steel production for the 62 countries reporting to the International Iron and Steel Institute stands at 854.1 million metric tonnes (mmt) for the first ten months of 2004, which is 9.3% higher than for the same period of 2003.
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World crude steel production for the 62 countries reporting to the International Iron and Steel Institute stands at 854.1 million metric tonnes (mmt) for the first ten months of 2004. This is 9.3% higher than for the same period of 2003. Crude steel production in North America was 11.0 mmt in October, a rise of 4.0% on the same month in 2003. Production in the United States reached 8.1 mmt in October, a rise of 4.5% compared to October 2003. China produced 24.9 mmt of crude steel in October, a rise of 25.4% compared to October 2003. YTD Chinese production stands at 219.1 mmt, 22.0% higher than for the first ten months of 2003. Total production in the Asian reporting countries stands at 395.0 mmt for the year to date. This is an increase of 12.4% on the same period of 2003. Production for the 25 countries in the European Union is up 2.1% compared to October 2003. YTD production has increased by 5.2% to 161.3 mmt. Production in the United Kingdom rose by 13.4% in October. Throughout 2004, IISI will report total production for both the EU-15 (current members) and EU-25 (current plus new members).
http://www.worldsteel.org
About: International Iron and Steel Institute
The International Iron and Steel Institute (IISI) aims to establish steel as a major foundation of a sustainable world. For the world steel industry this means valuing the interdependence of environmental, social and economic aspects in all decision making, with the aim of improving life for everyone, now, and for generations to come. IISI was founded in 1967. It is a non-profit research organisation with headquarters in Brussels, Belgium. IISI is one of the largest and most dynamic industry associations and serves as a world forum for the international steel industry. A sustainable world steel industry could not be achieved without the active participation of IISI's membership. IISI currently has a membership of more than 115 steel producing companies and over 60 national and regional steel federations and steel research organisations. The members come from more than 50 countries around the world. The countries in which IISI member companies are located account for over three-quarters of total world steel production. Nearly all the world's major steel producers are members of the Institute. Both publicly and privately owned enterprises, using both basic oxygen or electric arc process routes, are members. |
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