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Worldsteel: March 2012 Crude Steel Production

Production for the first quarter of 2012 was 377 Mt, 1,1 % higher than the first quarter of 2011. In the first three months of 2012, Asia produced 241,7 Mt of crude steel, an increase of 1,5 % over the first quarter of 2011. The EU produced 43,9 Mt of crude steel in the first quarter of 2012, down by –3,9 % compared to the same quarter of 2011. North America’s crude steel production in the first three months of 2012 was 31,2 Mt, 6,7 % higher than the first three months of 2011. China’s crude steel production for March 2012 was 61,6 Mt, an increase of 3,9 % compared to March 2011. Elsewhere in Asia, Japan produced 9,3 Mt of crude steel in March 2012, up by 2,3 % compared to the same month last year. South Korea’s crude steel production for March 2012 was 6 Mt, an increase of 3,2 % compared to March 2011. In the EU, Germany produced 3,9 Mt of crude steel in March 2012, a decrease of –3,1 % on March 2011. Italy’s crude steel production for March 2012 was 2,7 Mt, up by 4,5 % on March 2011. In March 2012, France produced 1,5 Mt of crude steel, an increase of 3,8 % compared to March 2011. Spain’s crude steel production for March 2012 was 1,3 Mt, down by –19,5 % compared to the same month in 2011. Turkey’s crude steel production for March 2012 was 3,1 Mt, an increase of 14,5 % compared to March 2011. The US produced 7,8 Mt of crude steel in March 2012, up by 5,4 % on March 2011. Brazil’s crude steel production for March 2012 was 3,1 Mt, 2,2 % higher than March 2011. The world crude steel capacity utilisation ratio of the 62 countries in March 2012 increased to 81,1 %, 1,6 % higher than February 2012. Compared to March 2011, the utilisation ratio in March 2012 decreased by –1,2 % (Source: Worldsteel; 05/2012).


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