China Scrap Usage Increased Vs. Global Crude Steel Production Statistic

Monday 16 October 2017

Rolf Willeke, Statistics Advisor of the BIR Ferrous Division, summaries below the main findings in his Januar-June 2017, in the ongoing World Recycling Convention organized by BIR (Bureau of International Recycling) in New Delhi.

Global crude steel production increase of around 4.5% in the first half of 2017

Figures from worldsteel for the first six months of 2017 confirm an increase in global crude steel production of around 4.5% to 836 million tonnes compared with 800 million tonnes in the same period of 2016.

Statistics for January-June 2017 show a year-on-year crude steel production increase in China (+4.6% to 419.745 million tonnes), the EU-28 (+4.1% to 86.129 million tonnes), the USA (+1.3% to 40.591 million tonnes), Japan (+0.5% to 52.305 million tonnes), the Republic of Korea (+3.7% to 34.699 million tonnes), Russia (+0.8% to 35.34 million tonnes) and Turkey (+11.4% to 18.215 million tonnes).

Global crude steel capacity utilisation in June this year was 73%, which was 1.4 percentage points higher than in the same month last yeah.

Further increase in steel scrap usage

China was the world’s biggest steel scrap user in the first half of 2017; there was a steep increase in its scrap consumption of around 46% to 62.2 million tonnes compared with 42.6 million tonnes in the same period of last yeah.

The first half of 2017 brought 4.8% growth in the EU-28’s steel scrap usage to 47.717 million tonnes. The biggest steel scrap users in the EU-28’s were Italy (+5.8% to 10.986 million tonnes), Germany (+3.2% to 9.836 million tonnes), Spain (+6% to 5.844 million tonnes) and France (+3.3% to 3.766 million tonnes).

Also on the increase in the January-June 2017 period was steel scrap usage for crude steel production in the USA (+1.3% to 23.8 million tonnes), Japan (+9% to 17.85 million tonnes), Turkey (+16% to 14.582 million tonnes) and
Russia (+06% to 8.069 million tonnes).

Source Steel Mint powered by Keyvan Jafari Tehrani (JTC)

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