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Ferrosilicon Daily Express 6.24

• Wednesday, June 24, 2020
• Source:ferro-alloys.com

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[Ferro-Alloys.com] World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 148.8 million tonnes (Mt) in May 2020, an 8.7% decrease compared to May 2019.

 

Due to the ongoing difficulties presented by the COVID-19 pandemic, many of this month’s figures are estimates that may be revised with next month’s production update.

 

China produced 92.3 Mt of crude steel in May 2020, an increase of 4.2% compared to May 2019. Japan produced 5.9 Mt of crude steel in May 2020, down 31.8% on May 2019. India produced 5.8 Mt of crude steel in May 2020, down 39.1% on May 2019. South Korea’s steel production for May 2020 was 5.4 Mt, down by 14.1% on May 2020.

 

Production in the EU is estimated to be 10.5 Mt in May 2020, down 26.8% on May 2019.

 

The United States produced 4.8 Mt of crude steel in May 2020, a decrease of 36.6% compared to May 2019.

 

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