June 2008 crude steel production for the 66 countries reporting to IISI
Brussels, 18 July 2008 – World crude steel production for the 66 countries reporting to the
International Iron and Steel Institute (IISI) was 118.8 million metric tons (mmt) in June. This is 5.9% higher than the same month last year.
Total world crude steel production was 696 mmt in the first half of 2008, a 5.7% increase over the same period in 2007.
In the first six months of 2008, China produced 263.2 mmt of crude steel, an increase of 9.6% compared to the same period in 2007. In June 2008, China’s moving annual total (MAT) growth rate slowed further to 10.2%, compared to its MAT growth rate peak of 26.3% in January 2006. China’s crude steel production for June 2008 was 46.9 mmt, an increase of 10.2% on June 2007.
Overall, Asia produced 68.3 mmt of crude steel in June 2008 compared to 62.8 mmt in June 2007, an 8.7% increase in crude steel production.
Total crude steel production in the EU was 18.1 mmt, 1.8% higher than for June 2007. The largest producer in the EU is Germany, with 4.1 mmt of crude steel, an increase of 2.1% compared to the same month last year.
The ‘Other Europe’ region of seven countries outside the EU produced 2.9 mmt in June 2008, an increase of 15.5% from June 2007. Turkey’s crude steel production was 2.5 mmt, which was 17.5% higher than the same month last year. Turkey produced 10.6% more crude steel in the first six months of 2008 than over the same period last year.
Notes :
• The International Iron and Steel Institute (IISI) is one of the largest and most dynamic industry associations in the world. IISI represents approximately 180 steel producers (including 19 of the world's 20 largest steel companies), national and regional steel industry associations, and steel research institutes. IISI members produce around 75% of the world's steel (excluding China) and the growing membership in China now accounts for over 20% of Chinese production.
• MAT: The moving annual total is the sum of the previous 12 months. Each month the crude steel production figure for the new month is added to the MAT, while the figure for the first month of the former 12 is subtracted.
International Iron and Steel Institute (IISI) was 118.8 million metric tons (mmt) in June. This is 5.9% higher than the same month last year.
Total world crude steel production was 696 mmt in the first half of 2008, a 5.7% increase over the same period in 2007.
In the first six months of 2008, China produced 263.2 mmt of crude steel, an increase of 9.6% compared to the same period in 2007. In June 2008, China’s moving annual total (MAT) growth rate slowed further to 10.2%, compared to its MAT growth rate peak of 26.3% in January 2006. China’s crude steel production for June 2008 was 46.9 mmt, an increase of 10.2% on June 2007.
Overall, Asia produced 68.3 mmt of crude steel in June 2008 compared to 62.8 mmt in June 2007, an 8.7% increase in crude steel production.
Total crude steel production in the EU was 18.1 mmt, 1.8% higher than for June 2007. The largest producer in the EU is Germany, with 4.1 mmt of crude steel, an increase of 2.1% compared to the same month last year.
The ‘Other Europe’ region of seven countries outside the EU produced 2.9 mmt in June 2008, an increase of 15.5% from June 2007. Turkey’s crude steel production was 2.5 mmt, which was 17.5% higher than the same month last year. Turkey produced 10.6% more crude steel in the first six months of 2008 than over the same period last year.
Notes :
• The International Iron and Steel Institute (IISI) is one of the largest and most dynamic industry associations in the world. IISI represents approximately 180 steel producers (including 19 of the world's 20 largest steel companies), national and regional steel industry associations, and steel research institutes. IISI members produce around 75% of the world's steel (excluding China) and the growing membership in China now accounts for over 20% of Chinese production.
• MAT: The moving annual total is the sum of the previous 12 months. Each month the crude steel production figure for the new month is added to the MAT, while the figure for the first month of the former 12 is subtracted.
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