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World crude steel output increases by 6.8% in 2011

World crude steel production reached 1,527 megatonnes (Mt) for the year of 2011. This is an increase of 6.8% compared to 2010 and is a record for global crude steel production, said the World Steel Association (WSA) on Monday.

All the major steel-producing countries apart from Japan and Spain showed growth in 2011. Growth was particularly robust in Turkey, South Korea and Italy, said the association in a press release.

Annual production for Asia was 988.2 Mt of crude steel in 2011, an increase of 7.9% compared to 2010. The region’s share of world steel production increased slightly from 64.0% in 2010 to 64.7% in 2011. China’s crude steel production in 2011 reached 695.5 Mt, an increase of 8.9% on 2010. China’s share of world crude steel production increased from 44.7% in 2010 to 45.5% in 2011. Japan produced 107.6 Mt in 2011, a -1.8% decrease from 2010. In 2011, South Korea’s crude steel production was 68.5 Mt, a 16.2% increase compared to 2010.

The EU recorded an increase of 2.8% compared to 2010, producing 177.4 Mt of crude steel in 2011. Spain produced 15.6 Mt of crude steel in 2011, a -4.6% decrease on 2010 while Italy produced 28.7 Mt in 2011, an 11.3% increase over 2010.

In 2011, crude steel production in North America was 118.9 Mt, an increase of 6.8% on 2010. The US produced 86.2 Mt of crude steel, 7.1% higher than 2010.

The CIS showed an increase of 4.0% in 2011, producing 112.6 Mt of crude steel. Russia produced 68.7 Mt of crude steel, a 2.7% increase on 2010 and Ukraine recorded an increase of 5.7% with a year-end figure of 35.3 Mt.

Annual crude steel production for South America was 48.4 Mt in 2011, an increase of 10.2% on 2010. Brazil produced 35.2 Mt in 2011, 6.8% higher than 2010.

In December 2011, world crude steel production for the 64 countries reporting to the WSI was 117.1 Mt, an increase of 1.7% compared to December 2010.

Source: WSA