U.S crude steel production up 8.4% in 2012

 Sahit Muja

Sahit Muja: U.S crude steel production up 8.4% in 2012 

Global crude steel production for the 62 countries reporting to the World Steel Association was 128 million tonnes in June 2012.

Global crude steel production in the first six months of 2012 was 766.9 Mt, a slight increase of 0.9% compared to the same period of 2011.

North America and Asia showed an increase of 7.2% and 1.6% respectively (USA 8.4% and China 1.8%) while the EU (27) and South America recorded negative growth of -4.6% and -3.5% each. The US produced 7.3 million tonnes of crude steel is up by 8.4%. June 2012, up by 0.8% .

China’s crude steel production for June 2012 was 60.2 Mt, an increase of 0.6% compared to June 2011.Japan produced 9.2 Mt of crude steel in June 2012, up by 3.5% compared to the same month last year.

South Korea’s crude steel production for June 2012 was 5.9 Mt, an increase of 4.3% compared to June 2011.

In the EU, Germany produced 3.7 Mt of crude steel in June 2012, a decrease of -4.0% on June 2011. Italy’s crude steel production for June 2012 was 2.4 Mt, down by -7.9% on June 2011. In June 2012, France produced 1.3 Mt of crude steel, down by -2.1% compared to June 2011. Spain’s crude steel production for June 2012 was 1.3 Mt, -8.8% lower than June 2011.

Turkey’s crude steel production for June 2012 was 2.9 Mt, an increase of 4.0% compared to June 2011.
Brazil’s crude steel production for June 2012 was 2.7 Mt, -8.5% lower than June 2011.

Albanian Minerals expect that global steel production to hit a record of 1,500 million tons in 2012 and steel market will start recovering firmly in Q3 and Q4 on 2012.

Sahit Muja

President and CEO

Albanian Minerals

New York