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Crude steel output falls by 7.9% in Italy in June

By August 13, 2020 No Comments
italy, italian, steel, production, june

italy, italian, steel, production, june

Italian crude steel production fell by 7.9 percent year on year in June this year to 1.916 million mt, according to the latest data released by Federacciai, the Italian steel producers’ association. However, crude steel output in June was higher compared to March April and May this year, as a result of the easing of the Covid-19 lockdown measures in May.

In the first six months this year, Italian crude steel output amounted to 10.182 million mt, down 18.8 percent compared to the same period last year.

In June, the production of longs remained higher than that of flat products, amounting to 1.008 million mt, i.e., down 10.0 percent year on year. The output of flats in June totaled 908,000 mt, decreasing by 20.4 percent year on year.

In the first six months of the current year, the production of longs stood at 5.202 million mt, recording a drop of 20.5 percent year on year, while the output of flats amounted to 4.945 million mt, down 22.1 percent year on year.

World Crude Steel

World crude steel production for the 64 countries reporting to the World Steel Association (Worldsteel) was 148.3 million tonnes (Mt) in June 2020, a 7.0% decrease compared to June 2019.

World crude steel production was 873.1 Mt in the first six months of 2020, down by 6.0% compared to the same period in 2019. Asia produced 642.0 Mt of crude steel in the first half of 2020, a decrease of 3.0% over the first half of 2019E.U.The EU produced 68.3 Mt of crude steel in the first half of 2020, down by 18.7% compared to the first half of 2019. North America’s crude steel production in the first half of 2020 was 50.2 Mt, a decrease of 17.6% compared to the first half of 2019.

China produced 91.6 Mt of crude steel in June 2020, an increase of 4.5% compared to June 2019. India produced 6.9 Mt of crude steel in June 2020, down 26.3% in June 2019. Japan produced 5.6 Mt of crude steel in June 2020, down 36.3% in June 2019. South Korea’s steel production for June 2020 was 5.1 Mt, down by 14.3% in June 2020.

Germany produced 2.5 Mt of crude steel in June 2020, down 27.3% in June 2019. Italy produced 1.8 Mt of crude steel in June 2020, down 13.0% in June 2019. France and Spain each produced 0.8 Mt of crude steel in June 2020, down 34.9% and 31.5% respectively in June 2019.

The United States produced 4.7 Mt of crude steel in June 2020, a decrease of 34.5% compared to June 2019.

Production iC.I.S.C.I.S. is estimated to be 7.9 Mt in June 2020, down 5.0% in June 2019. Ukraine produced 1.8 Mt of crude steel in June 2020, up 9.0% in June 2019.

Turkey’s crude steel production for June 2020 was 2.8 Mt, up by 4.1% in June 2019.

Information from SteelOrbis and Recycling Magazine. All rights reserved.

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