The global production of crude steel in the 64 countries reporting to the World Steel Association reached 130 million metric tons May 20, an increase of 4.2 percent above the same month in 2010.
China’s crude steel production for May 2011 reached 60.2 million metric tons, up 7.8 percent from May 2010. Japan produced 9.0 million metric tons of crude steel in May 2011, down 7.0 percent from the same month last year. South Korea produced 5.9 million metric tons of crude steel in May 2011, 12.8 percent more than a year earlier.
In the EU, Germany produced 4.1 million metric tons in May, up 1.1 percent from the previous May. Italy’s crude steel production was 2.6 million metric tons, up 6.9 percent. Spain produced 1.6 million metric tons of crude steel in May, down 5.5 percent from a year earlier.
Brazil’s crude steel production for May 2011 was 3.3 million metric tons, an increase of 14.7 percent.
The U.S. crude steel production of 7.3 million metric tons in May was only 0.1 percent higher than in May 2010.
Iran produced 1.1 million metric tons of crude steel, up 4.5 percent from a year earlier.
The world crude steel capacity utilization ratio of the 64 countries was 81.7 percent in May, 0.6 percentage points lower than in April 2011. Compared to May 2010, the utilization ratio is 0.6 percentage points lower.
The World Steel Association represents approximately 170 steel producers (including 18 of the world's 20 largest steel companies), national and regional steel industry associations, and steel research institutes. Association members produce around 85 percent of the world's steel.