Global steel production in March 2020 decreased due to coronavirus I steel coil manufacturers

Updated on: 26/04/2020

Global crude steel production fell 6% year-on-year to 147.1 million tons in 64 countries reported to the World Steel Association (worldsteel), according to the Trade Association, due to mills cutting production. before coronavirus outbreak. The association stated that due to ongoing difficulties caused by the pandemic, many of the figures in March are estimates from national and regional associations, which could be revised with production updates next month. . World crude steel output reached 443 million tons in the first 3 months of 2020, down 1.4% compared to the same period in 2019.

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In Asia, production in March decreased by 4.1% to 105.7 million tons from last year and by 0.3% to 315.2 million tons of crude steel in the first quarter of 2020, compared to Q1 / 2019. China produced 79.0 million tons. crude steel in March 2020, down 1.7% compared to March 2019. India estimated 8.7 million tons of crude steel in March 2020, down 13.9% compared to March 2019.

In the EU, production in March decreased by 20.4% to 12.03 million tons from last year and by 10% to 38.3 million tons in Q1, compared to Q1 / 2019. The region’s largest steel producer, Germany, is estimated at 2.9 million tons of crude steel produced in March, down 20.9% compared to March 2019, while Italy produced 1.4 million tons, down 40.2% compared to last year.

In North America, production in March decreased 9.4% compared to last year to 9.66 million tons and production in the first three months of 2020 reached 29.5 million tons, down 4.0% compared to Q1 / 2019. The United States produced 7.2 million tons in March, a decrease of 6.0% compared to March 2019.

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South America dropped 9.4% in March to 3.26 million tons, with Brazil producing 2.6 million tons, down 8.2% compared to March 2019.

The CIS region fell 6.2% to 8.26 million tons, as Russia estimated 5.9 million tons of crude steel production in March, down 4.4% compared to March 2019. Ukraine produced 1.8 million tons in March, down 10.3%. in March 2019.

Crude steel output of Turkey in March 2020 reached 3/1 million tons, an increase of 4.1% compared to March 2019.

In Africa, production fell 22.4% last month to 10.05 million tons, while the Middle East increased by 9.7% over the previous year to 3.35 million tons.

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