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World Crude Steel Output Up 1% in Apr'19

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27 May 2019, 17:12 IST
World Crude Steel Output Up 1% in Apr'19

According to the recent data released by World Steel Association (WSA) total crude steel production of 66 steel manufacturing countries inched up by 1% to 156.82 MnT in Apr'19 as compared to 155.15 MnT in Mar'19.

Meanwhile on yearly premise world steel output increased by 7% in Apr'19 in comparison to 147.24 MnT in Apr'18.

However in first four months of (Jan-Apr) CY'19 world steel output stands at 600 MnT, registering an increase of 5% against 572.59 MnT in similar time frame of previous year.

SteelMint has analyzed world's crude steel production numbers of major steel producing countries -

China's crude steel output rise by 6% M-o-M in Apr'19- China crude steel output increase by 6% to 85.03 MnT in Apr'19 against 80.32 MnT in Mar'19.

However on yearly premise the same surged by 13% in Apr'19 in comparison to 75.45 MnT in Apr'18.

In first four months (Jan-Apr) of CY'19 nation's crude steel output rose by 10% to 314.96 MnT which was 285.95 MnT in Jan-Apr'18.

India's crude steel output fell by 7% M-o-M in Apr'19- As per WSA (World Steel Association) India's crude steel output moved down by 7% to 8.78 MnT in Apr'19 against 9.41 MnT in the preceding month.

However on yearly basis the same inched up by 2% in Apr'19 against 8.65 MnT in Apr'18.

In first four months (Jan-Apr) of CY19 nation's crude steel output marginally fell to 36.11 MnT as against 36.05 MnT in Jan-Apr'18.

Japan's crude steel output down by 5% M-o-M in Mar'19- Japan crude steel output drop by 5% to 8.64 MnT in Apr'19 as compared to 9.08 MnT in the previous month.

However on yearly basis the same slid down by 1% in Apr'19 in comparison to 8.71 MnT in Apr'18.

In first four months (Jan-Apr) of CY'19 nation's crude steel output moved down 4% to 33.61 MnT which was 35.12 MnT in similar time frame of previous year.

United States crude steel output down by 3% M-o-M in Apr'19- USA crude steel output stood at 7.42 MnT in Apr'19, decline by 3% against 7.68 MnT in previous month.

On yearly premise the same registered an increase of 7% in Apr'19 as compared to 6.92 MnT in Apr'18.

In first four months (Jan-Apr) of CY'19 nation's crude steel output stood at 29.58 MnT, higher by 7% against 27.73 MnT in Jan-Apr'18.

Crude steel production of other top steel producing countries in Apr'19 is as follows Russia: 5.6 MnT, South Korea: 5.97 MnT, Germany at 3.55 MnT, Turkey 3.04 MnT and Brazil: 2.88 MnT.

Performance of major crude Steel producing nations in Apr'19

Country Jan-Apr'19 Jan-Apr'18
China 314.96 285.95
India 36.11 36.05
Japan 33.61 35.12
United States 29.58 27.73
Russia 22.41 23.86
South Korea 24.38 23.71
Germany 13.99 14.51
Turkey 11.23 12.54
Brazil 11.27 11.57

Quantity in MnT
Source: WSA; SteelMint Research

27 May 2019, 17:12 IST

 

 

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