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Tianjin Tianxin Metal Products Co., Ltd.
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November global steel mills operating rate hit a two-year low
天津市天欣金属制品有限公司

November global steel mills operating rate hit a two-year low

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International Iron and Steel Association (worldsteel) statistics show that the world's 64 major steel-producing countries and regions, crude steel production of 115.5 million tons in November, an increase of 1.1% decreased by 6.4%. The average daily global crude steel production for November was 3.85 million tons, decreased by 3.3%, a new lowest level this year.

EU-27 crude steel production for November was 14.24 million tons, down 2.1 percent, a decline of 6.1%; CIS crude steel production was 9.14 million tons, down 3.1 percent, a decline of 3.7%; North America, crude steel production was 989 million tons, an increase of 12.2 percent year on year increase of 0.3%; South American crude steel production was 3.88 million tons, an increase of 5.5 percent, a decline of 4.5%; Asian crude steel production was 72.1 million tons, an increase of 1.1 percent, a decline of 7.8% .

The statistics also show that the January to November this year, the world's 64 major steel producing countries and regions, crude steel production was 1.373 billion tons, an increase of 7.4%. 1-11 months, the EU-27 crude steel production of 165 million tons, an increase of 3.1%; CIS crude steel production of 103 million tons, an increase of 4.3%; North America, crude steel production of 109 million tons, an increase of 6.6% ; South American crude steel production of 44.8 million tons, an increase of 10.8%; Asian crude steel production of 879 million tons, an increase of 8.7%.

Mainland China crude steel production in November was 49.88 million tons, down 0.2 percent, a decline of 8.8 percent, and three consecutive months of decline. My steel net to preliminary statistics show that the proportion of Chinese steel mills cut in December to continue to expand, the cut margin of the plate is still larger expansion of efforts to cut construction steel. After deduction of China, global crude steel production in November was 65.62 million tons, an increase of 2.2 percent, a decline of 4.6 percent.

Overall global steel capacity utilization rate of 73.4 percent in November, about 2.8 percentage points lower than in October, a decrease of 2.6 percentage points compared to November last year to its lowest level for two years. Foreign part of the regional steel market bottomed out in December, but most parts of the steel mills cut the intensity has not diminished, expected global crude steel production in December will continue to be lower than the previous. (In the future, Mysteel.com International Division)

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FAX:022-68509900
Copyright Tianjin Tianxin Metal Products Co., Ltd. All Right Reserved.

津ICP备05013683号  Powered by www.300.cn