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Metallurgical sector strengthens

Metallurgical sector strengthens

Statistical data on steel production has provided the World Steel Association. In accordance with them in September 2016 66 countries produced 132,9 million tons of steel. Compared to the same period in 2015, the figure has improved by 2%. The average capacity utilization in global scale was 70%. Relative to August, the index added 1.5 percentage points For the three-month period results Sep highest. Overall, from January to September of this year the produced steel amounted to 1197,2 million tons. Compared to the same period of the previous year indicators just below 0.6%. In January 2016, the gap was more than 6%. The gap continues to shrink. While August’s improvement was observed due to a significant contribution of the countries except China. However, in September the increase was only 0.1% compared to 2015. On the global market newly observed contrast enhancement between China and other participants.

If we talk about China, last month, the country produced 68.17 million tons of steel. Compared to the same period in 2015, the increase amounted to 3.9%. Compared with the September performance has seen an even greater growth rate. December 2014 — this is the maximum level. For the nine-month period, the volume of steel reaches 603,8 million tons. Compared to last year’s results of the same period, the growth amounted to 0.4%. In numerical terms, the result reached 2.4 million tons.

Steel production continue to increase and Indian steelmakers. Last month, the volumes produced by the national companies have reached 7.88 million tons. Compared to September 2015, an increase of 8.5%. For the nine-month period, the number of metal reached 71.1 million tons. The increase over the same period of last year was 5.9%. India remains in third position in the world ranking. The gap with Japan in second place was reduced to about 10%. Japanese steel company over the previous months have shown some growth in 2015. In September, however, the backlog amounted to 1.5%. For the nine-month period, the steelmakers of Japan have produced 78.4 million tonnes of steel. Relative to last year same period, a decrease of 0.6%. European countries in September made a 13.26 million tons of steel. Compared to the previous year result is below 1.7%. However, for the nine-month period, the decline amounted to 4.9%.

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