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World steel production in October decreased by 2.8%

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steel output fell in almost all regions of the world, except Russia.

World steel production in October decreased by 2.8%

Global steel production, according to industry associations in 64 countries reporting to the World steel Association (Worldsteel), made up of 151.5 million tonnes in October 2019, which is 2.8% less compared to October 2018.

In Asia, steel production decreased in all countries. Steel production in China in October 2019 amounted to 81.5 million tons, which is 0.6% less than in October 2018. Steel production in India reached 9.1 million tons, which is 3.4% less than in October 2018. Japan produced 8.2 million tons of steel, which is 4.9% less than in October 2018. Steel production in South Korea in October 2019 amounted to 6 million tons, which is 3.5% less than in October 2018.

the EU also saw a decline in steel production in all countries. Germany produced 3.3 million tons of steel in October, 2019, which is 6.8% less than in October 2018. Italy produced 2.2 million tons of steel, which is 3.7% less than in October 2018. France produced 1.2 million tons of steel, which is 10.6% less compared to October 2018. Spain produced 1.2 million tonnes of steel in October, 2019, which is 7.6% less than in October 2018.

the U.S. produced 7.4 million tonnes of steel in October, 2019, reducing the manufacturing by 2.0% compared to October 2018.

steel Production in Brazil in October 2019 was 2.6 million tons, which is 19.4% less than in October 2018.

steel Manufacturing in Turkey in October 2019 was 2.7 million tonnes, 15.0% lower than in October 2018.

Russian steel production in October 2019 was 5.95 million tons, which is 2.4% more than in October 2018.

steel Production in Ukraine last month amounted to 1.6 million tonnes, which is 12.7% less than in October 2018.

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