Displaying items by tag: Production

World: Global steel production was 1.86Bnt in 2020, down by 1% year-on-year from 1.88Bn in 2019. The decrease is the first since 2015. The sharpest declines were recorded in the US (17%), Japan (16%), the EU (12%) and India (11%). Chinese steel production rose for a sixth consecutive year to 1.05Bnt, up by 5% from 1.00Bnt. The rest of the world produced 811Mt, down by 8% from 879Mt. China’s share of world steel production rose to 57% from 53%.

Belgium: The World Steel Association says that global steel production in the first half of 2020 was 873Mt, down by 6% year-on-year from 929Mt. Global June 2020 steel production also fell, by 7% year-on-year to 148Mt from 159Mt in June 2019 and by 0.7% month-on-month from 149Mt in May 2020. China produced 91.6Mt in June 2020, up by 4.5% from 87.7Mt, corresponding to 62% of global steel production for the month. The sharpest falls occurred in the US, by 35% to 4.7Mt from 7.2Mt, and in France, by 35% to 800,000t from 1.23Mt.

World: Data from the World Steel Association shows that global crude steel production fell by 1.4% year-on-year to 443Mt in the first three months of 2020. Asia produced 316Mt of crude steel in the first quarter of 2020, a year-on-year decrease of 0.3%. The European Union (EU) produced 38.3Mt of crude steel in the first quarter of 2020, down by 10%. North America’s crude steel production fell by 4% to 29.5Mt.

Belgium: The World Steel Association (WSA) has published data that shows a 3.4% year-on-year increase in global steel production to 1870Mt in 2019 from 1810Mt in 2018. The figure belies a general decline in production in most regions: excluding China, total production fell by 1.6% year-on-year to 874Mt from 888Mt in 2018. China’s growth was 8.3%, to 996Mt from 920Mt, corresponding to an increase in its share of global production to 53% from 51%. Growth in the Middle East outstripped this at 19% year-on-year, increasing to 45.3Mt in 2019 from 38.0Mt one year previously. The Middle East now controls 2.4% of global steel production, compared to 2.1% in 2018. India and the US also experienced production growths of 1.8% and 1.5% respectively. The WSA expects the steel industry’s performance to have a staying effect on granulated blast furnace slag (GBFS) prices for cement producers in these regions.

World: Crude steel production grew by 4.9% year-on-year to 925Mt in the first half of 2019 from 882Mt in the same period in 2018. Data from the World Steel Association shows production increased in Asia and North American, remained stable in the Commonwealth of Independent States (CIS) region but that it fell in the European Union. Of the larger individual steel producing countries gains were reported in China, India and South Korea, but declines were noted in Germany and Japan.

Luxembourg: ArcelorMittal plans to reduce its European steel production levels due to weak market demand and high import levels. It will reduce primary steelmaking production at its facilities in Dunkirk, France and Eisenhüttenstadt, Germany. Reduce primary steelmaking production at its facility in Bremen, Germany in the fourth quarter of 2019, where a planned blast furnace stoppage for repair works will be extended. It will extend the stoppage planned in the fourth quarter of 2019 to repair a blast furnace at its plant in Asturias, Spain.

“This is again a hard decision for us to have taken but given the level of weakness in the market, we feel it is the prudent course of action. This will be a temporary measure that will be reversed when market conditions improve. In the meantime, our employees remain our utmost priority and we are doing everything we can to ensure that the right social measures are in place to support them and their families during this difficult time,” said Geert van Poelvoorde, the chief executive officer (CEO) of ArcelorMittal Europe – Flat Products.

In early May 2019 ArcelorMittal announced its intention to temporarily idle production at its steelmaking facilities in Kraków, Poland and reduce production in Asturias, Spain. The announcement also impacted the planned increase of shipments at ArcelorMittal Italia to a 6Mt/yr run-rate. The planned increase will be slowed down following a decision to optimise cost and quality over volume in the current market environment.

US: The United State Geological Survey (USGS) estimates that 16Mt of ferrous slag was produced in 2018. Blast furnace slag accounted for about 50% of the sales volume. Nearly 90% of this value was from sales of granulated slag. Steel slag accounted for almost all of the remainder. 2.2Mt of slag was imported. Slag was processed by about 25 companies servicing active iron and steel facilities or reprocessing old slag piles at about 140 processing plants in 30 states.

The USGS said that locally produced granulated blast furnace slag was in limited supply in 2018 due to granulation cooling only being available at two active US blast furnaces. Supply of basic oxygen furnace (BOF) steel slag was similarly affected due to plant closures. As per 2017, ground granulated blast furnace slag (GGBFS) sales volumes have failed to match increases set by the overall US cement industry since 2010 despite positive long term trends.

US: The United State Geological Survey (USGS) estimates that 15Mt of ferrous slag was produced in 2017. Blast furnace slag accounted for about 50% of the sales volume. About 85% of this value was from sales of granulated slag. Steel slag accounted for almost all of the remainder. 2.2Mt of slag was imported. Slag was processed by about 25 companies servicing active iron and steel facilities or reprocessing old slag piles at about 175 processing plants in 30 states.

The USGS reported that the supply of blast furnace slag continued to be ‘problematic’ in the US due to the closure of blast furnaces and depleted slag piles. Supply of basic oxygen furnace (BOF) steel slag was similarly affected due to plant closures. However, ground granulated blast furnace slag (GGBFS) sales volumes have failed to match increases set by the overall US cement industry since 2010 despite positive long term trends.

World: Global steel production rose by 4.6% year-on-year to 1.81Bnt in 2018 from 1.73Bnt in 2017. Data from the World Steel Association shows that production rose fastest in the Middle East, Africa and Australasia. Asian production rose by 5.6% to 1.27Bnt and North American production grew by 4.1% to 121Mt. European production remained static at 312Mt, with a slight dip in the European Union (EU) balanced by slight growth in the Commonwealth of Independent States (CIS). China remained the largest steel producing country, with 9.28Mt in 2018. It was followed by India, Japan, the US and South Korea.

Belgium: Data from the World Steel Association shows that world crude steel production rose by 4.6% year-on-year to 882Mt in first half of 2018. The association gathers data from 64 countries. Growth was driven by increases in Asia, where crude steel production rose by 5.2% to 614Mt. Production rose by 1.6% to 87.3Mt in the European Union, by 2.4% to 59Mt in the US and by 2.8% to 50.5Mt in the Commonwealth of Independent States.