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AUGUST 2004 CRUDE STEEL PRODUCTION FOR THE 62 COUNTRIES REPORTING TO THE INTERNATIONAL IRON AND STEEL INSTITUTE
20 September 2004 - International Iron and Steel Institute
| World crude steel production for the 62 countries reporting to the International Iron and Steel Institute stands at 675.5 million metric tonnes (mmt) for the first eight months of 2004. |
World crude steel production for the 62 countries reporting to the International Iron and Steel Institute stands at 675.5 million metric tonnes (mmt) for the first eight months of 2004. This is 8.5% higher than for the same period of 2003. Excluding China, worldwide production is 5.3% higher year-on-year. Crude steel production in China stood at 23.4 mmt in August, a rise of 21.8% on August 2003. Year to date (YTD) production for China is 170.1 mmt, a rise of 21.1% on the first eight months of 2003. Production for the 25 countries in the European Union is up 8.6% compared to August 2003. YTD production has increased by 5.7% to 128.7 mmt. Germany produced 3.9 mmt of crude steel in August, a rise of 15.1% compared to the same month in 2003. Italy produced 1.5 mmt, a rise of 17.3% on August 2003. Total production in North America stands at 10.9 mmt in August, an increase of 11.2% on the same month last year. YTD production for the region is 87.6 mmt, up by 5.9% on the first eight months of 2003. Production in Mexico rose by 28.3% compared to August 2003.
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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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