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MARCH 2004: CRUDE STEEL PRODUCTION FOR THE 62 COUNTRIES REPORTING TO THE INTERNATIONAL IRON AND STEEL INSTITUTE
19 April 2004 - International Iron and Steel Institute
| World crude steel production for the 62 countries reporting to the International Iron and Steel Institute stood at an estimated 85.9 million metric tons (mmt) in March. |
World crude steel production for the 62 countries reporting to the International Iron and Steel Institute stood at an estimated 85.9 million metric tons (mmt) in March. Global production increased by 5.9% compared to March 2003 and 8.7% year to date (YTD). China performed strongly again in March with production of 21.8 mmt of crude steel. This is 23.1% higher compared to March 2003 and 26.4% higher YTD. Total production in Asia reached 39.4 mmt in March, up by 11.3% on the same month in 2003. Crude steel production in Brazil has reached 8.0 mmt for the first three months of 2004. This is an increase of 6.0% YTD. Brazil produced a total of 2.7 mmt of crude steel in March. Russian crude steel production rose by 5.2% to 5.4 mmt in March. YTD production stands at 15.6 mmt, up 6.2% on 2003. Total production in the CIS region is up by 10.1% YTD and 9.0% compared to March 2003. Crude steel production in India showed a slight drop of 0.6% in March. However, Indian crude steel production for 2004 is now 8.2 mmt, a 6.2% rise YTD.
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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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