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Monthly Archives: August 2013

If you weren’t aware, the American Iron and Steel Institute very helpfully publishes up-to-date numbers on the state of American raw steel production on a week-by-week basis.  It’s a great tool to get an idea at what the American steel market looks like in a moment, without having to wait for a comprehensive quarterly report.  You can find the figures here, but we thought we would share this week’s numbers here on the blog:

“In the week ending August 24, 2013, domestic raw steel production was 1,861,000 net tons while the capability utilization rate was 77.7 percent. Production was 1,897,000 net tons in the week ending August 24, 2012, while the capability utilization then was 76.3 percent. The current week production represents a 1.9 percent decrease from the same period in the previous year. Production for the week ending August 24, 2013 is down 0.9 percent from the previous week ending August 17, 2013 when production was 1,878,000 net tons and the rate of capability utilization was 78.4 percent.

Adjusted year-to-date production through August 24, 2013 was 62,853,000 net tons, at a capability utilization rate of 77.1 percent. That is a 4.4 percent decrease from the 65,742,000 net tons during the same period last year, when the capability utilization rate was 77.8 percent.

Broken down by districts, here’s production for the week ending August 24, 2013 in thousands of net tons: North East: 213; Great Lakes: 604; Midwest: 244; Southern: 707 and Western: 93, for a total of 1,861.”

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Watching levels of steel production rise and fall can be like riding a roller coaster: you’re too busy screaming as you go down hills and cheering as you go up rises to get a good picture of what the entire track looks like.  So, a chart like this one from the Wikimedia Foundation is very interesting, since it shows, very simply, what the status of steel production has been like over the past few years, and what kinds of trends have been emerging of late.  Generally speaking, steel production has been climbing up worldwide, Europe and the US have been creeping down, and China and India are just exploding upwards.

Crude steel production (million tonnes):
Rank Country/Region 2007 2008 2009 2010 2011 2012
 World 1,351.3 1326.5 1,219.7 1,413.6 1,490.1 1547.8
1 China People’s Republic of China 494.9 500.3 573.6 626.7 683.3 716.5
 European Union 210.2 198.2 139.3 172.8 177.7 169.4
2 Japan Japan 120.2 118.7 87.5 109.6 107.6 107.2
3 United States United States 98.1 91.4 58.2 80.6 86.2 88.6
4 India India 53.5 57.8 62.8 68.3 72.2 76.7 est
5 Russia Russia 72.4 68.5 60.0 66.9 68.7 70.6
6 South Korea South Korea 51.5 53.6 48.6 58.5 68.5 69.3
7 Germany Germany 48.6 45.8 32.7 43.8 44.3 42.7
8 Turkey Turkey 25.8 26.8 25.3 29.0 34.1 35.9
9 Brazil Brazil 33.8 33.7 26.5 32.8 35.2 34.7
10 Ukraine Ukraine 42.8 37.3 29.9 33.6 35.3 32.9
11 Italy Italy 31.6 30.6 19.7 25.8 28.7 27.2
12 Taiwan Taiwan 20.9 19.9 15.7 19.6 22.7 20.7
13 Mexico Mexico 17.6 17.2 14.2 17.0 18.1 18.2
14 France France 19.3 17.9 12.8 15.4 15.8 15.6
15 Iran Iran 10.1 10.0 10.9 12.0 13.0 14.5
16 Canada Canada 15.6 14.8 9.0 13.0 13.1 13.7
17 Spain Spain 19.0 18.6 14.3 16.3 15.6 13.6
18 United Kingdom United Kingdom 14.3 13.5 10.1 9.7 9.5 9.8
19 Poland Poland 10.6 9.7 7.2 8.0 8.8 8.4
20 Belgium Belgium 10.7 10.7 5.6 8.1 8.1 7.4
21 Austria Austria 7.6 7.6 5.7 7.2 7.5 7.4
22 South Africa South Africa 9.1 8.3 7.5 8.5 6.7 7.1
23 Netherlands Netherlands 7.4 6.8 5.2 6.7 6.9 6.9
24 Egypt Egypt 6.2 6.2 5.5 6.7 6.5 6.6
25 Malaysia Malaysia 6.9 6.4 4.0 4.1 5.9 6.0 est
26 Saudi Arabia Saudi Arabia 4.6 4.7 4.7 5.0 5.3 5.2
27 Czech Republic Czech Republic 7.1 6.4 4.6 5.2 5.6 5.1
28 Vietnam Vietnam 2.3 2.7 2.7 2.7 4.9 5.0
29 Argentina Argentina 5.4 5.5 4.0 5.1 5.7 5.0
30 Australia Australia 7.9 7.6 5.2 7.3 6.4 4.9
31 Slovakia Slovakia 5.1 4.5 3.7 4.6 4.2 4.4
32 Thailand Thailand 5.6 5.2 3.6 3.7 4.2 4.4 est
33 Sweden Sweden 5.7 5.2 2.8 4.8 4.9 4.3
34 Kazakhstan Kazakhstan 4.8 4.3 4.1 4.3 4.7 3.9
35 Romania Romania 6.3 5.0 2.7 3.9 3.8 3.8
36 Finland Finland 4.4 4.4 3.1 4.0 4.0 3.8
37 Indonesia Indonesia 4.2 3.9 3.5 3.6 3.6 3.7 est
38 Belarus Belarus 2.4 2.6 2.4 2.5 2.6 2.7
39 Venezuela Venezuela 5.0 4.2 3.8 2.2 3.1 2.6
40 Luxembourg Luxembourg 2.9 2.6 2.2 2.6 2.6 2.2
 Others 30.7 (est.) 28.6 (est.) 23.3 (est.) 26.5 (est.) 29.9 28.8