: India has surpassed the United States to become the third-largest steel producer in the world with a production volume of 89.6 million tons (mt) of crude steel in 2015, according to World Steel Association (WSA) data.
India is also the only steel producing country among the top 10 steel producers in the world to have reported a 2.6% growth in steel production during 2015, the data showed.
India follows China (803.8 mt) and Japan (105.2 mt) in the world steel production ranking of the WSA.
Thus India’s share in the world production has increased to 5.5% in 2015 from 5.2% in 2014, the data showed.
Meanwhile, world crude steel production reached 1,622.8 mt for the year 2015, down by -2.8% compared to 2014. Crude steel production decreased in all regions except Oceania in 2015.
Annual production for Asia was 1,113.8 mt of crude steel in 2015, a decrease of -2.3% compared to 2014. China’s crude steel production in 2015 reached 803.8 mt, down by -2.3% on 2014. China’s share of world crude steel production increased from 49.3% in 2014 to 49.5% in 2015. Japan produced 105.2 mt in 2015, down by -5.0% compared to 2014. South Korea produced 69.7 mt of crude steel in 2015, a decrease of -2.6% compared to 2014.
In 2015, the EU (28) produced 166.2 mt of crude steel, a decrease of -1.8% compared to 2014. Germany produced 42.7 mt of crude steel in 2015, down by -0.6% over 2014. Italy produced 22.0 mt in 2015, a decrease of -7.1% over 2014. France’s crude steel production in 2015 was 15.0 mt, down by -7.2%. Spain produced 14.9 mt of crude steel in 2015, an increase of 4.4% compared to 2014.
Crude steel production for 2015 in North America was 110.7 mt, a decrease of -8.6% compared to 2014. The US produced 78.9 mt of crude steel, down by -10.5% on 2014.
The CIS showed a decrease of -4.3% in 2015, producing 101.5 mt of crude steel. Russia produced 71.1 mt of crude steel, down by -0.5% on 2014 and Ukraine recorded a decrease of -15.6% with a year-end figure of 22.9 mt.
Annual crude steel production for South America was 43.9 mt in 2015, a decrease of -2.5% on 2014. Brazil produced 33.2 mt in 2015, down by -1.9% compared to 2014.
In December 2015, world crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 126.7 mt, a decrease of -5.7% compared to December 2014. The crude steel capacity utilisation ratio of the 66 countries in December 2015 was 64.6%. This is -4.9 percentage points lower than December 2014.
The average capacity utilisation in 2015 was 69.7% compared to 73.4% in 2014.
Top 10 steel producing countries |
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Rank |
Country |
2015 |
2014 |
% growth |
1 |
China |
803.8 |
822.8 |
-2.3 |
2 |
Japan |
105.2 |
110.7 |
-5 |
3 |
India |
89.6 |
87.3 |
2.6 |
4 |
United States |
78.9 |
88.2 |
-10.5 |
5 |
Russia |
71.1 |
71.5 |
-0.5 |
6 |
South Korea |
69.7 |
71.5 |
-2.6 |
7 |
Germany |
42.7 |
42.9 |
-0.6 |
8 |
Brazil |
33.2 |
33.9 |
-1.9 |
9 |
Turkey |
31.5 |
34 |
-7.4 |
10 |
Ukraine |
22.9 |
27.2 |
-15.6 |
Source: WSA and ISMW