|
WORLD PRODUCES 1.05 BILLION TONNES OF STEEL IN 2004
19 January 2005 - International Iron and Steel Institute
| Figures released by the International Iron and Steel Institute (IISI) show that world crude steel production stood at 1.05 billion metric tonnes in 2004. |
Figures released by the International Iron and Steel Institute (IISI) show that world crude steel production stood at 1.05 billion metric tonnes in 2004. This represents a worldwide increase in production of 8.8% compared to 2003. Excluding China, world production rose by 4.5% in 2004. China is again the largest producer of crude steel. According to the most recent figures available to IISI, China produced 272.5 mmt of crude steel in 2004, an increase of 23.2% compared to 2003. China accounted for 25.8% of all crude steel produced in the world in 2004. The following table shows the top ten crude steel producing countries in 2004 and the change compared to 2003. Position Total for Compared
2004 2003 Country 2004 (mmt) to 2003
1 1 China 272.5 23.2%
2 2 Japan 112.7 2.0%
3 3 United States 98.5 5.2%
4 4 Russia 64.3 2.5%
5 5 South Korea 47.5 2.6%
6 6 Germany 46.4 3.6%
7 7 Ukraine 38.7 4.9%
8 9 Brazil 32.9 5.7%
9 8 India 32.6 2.7%
10 10 Italy 28.3 5.6% Turkey was the 12th largest producer of crude steel in 2004 with production of 20.5 mmt. This is an increase of 11.9% compared to 2003. Iran (8.7 mmt, up 10.3%), Kazakhstan (5.4 mmt, up 9.9%), and Thailand (4.5 mmt, up 26.0%) all showed a strong increase in percentage terms in 2004. Crude steel production in the Asian region stood at 499.3 mmt in 2004, an increase of 13.2% in 2004. Excluding China, production in the region grew by 3.0%. Crude steel production grew in all other regions except for Oceania. Production in Oceania fell by 1.4% in 2004.
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. |
More News:
• For January 2005
• From International Iron and Steel Institute
• For Trade Association
|
