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WORLD PRODUCES BILLIONTH TONNE OF STEEL TODAY
20 December 2004 - International Iron and Steel Institute
| The International Iron and Steel Institute (IISI) estimates that production of the one-billionth tonne of steel will occur today, 20 December 2004. |
The International Iron and Steel Institute (IISI) estimates that production of the one-billionth tonne of steel will occur today, 20 December 2004. This is the first time the world will produce a billion tonnes of steel in a single year. World crude steel production for 2004 stood at 945.2 million metric tonnes (mmt) at the end of November. With average production of around 2.8 mmt per day, IISI expects the one-billionth tonne will be produced today. World crude steel production in 2003 was 968.3 mmt. The following table shows world crude steel production for the past 10 years: Year World (mmt) China (mmt)
1994 725.1 92.6
1995 752.3 95.4
1996 750.0 101.2
1997 798.9 108.9
1998 777.3 114.6
1999 789.0 124.0
2000 847.6 127.2
2001 850.2 151.0
2002 903.8 182.2
2003 968.3 220.1 Source: IISI Steel Statistical Yearbook 2004
IISI expects that production in 2005 will again exceed one billion tonnes.
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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