May world crude steel production 139.3M tonnes

by Jessica Wagner on June 22, 2015

in Data

Worldsteel published May’s world crude steel production on June 22nd. World crude steel production was 139.3 million metric tonnes, 2.1% lower than in May 2014. World output for the first five months of 2015 was 1.7% lower than in the same period last year.

China accounted for 50% of world production in May with output of 69.95M tonnes, down 1.7% compared to May 2014. Elsewhere in Asia, Japanese production declined 7.0%, South Korean output dropped 2.6%, but Indian output rose 4.0%. Outside of Asia, European Union production grew 0.7% between May 2014 and May 2015, despite a 5.4% fall in Germany and a 12.6% drop in Italy. Significant declines were also shown in the US, where production fell 8.5%, and in the Ukraine, where production was down 23.0%.

All the data for May 2015 and for a number of prior years can be found in the Nerds spreadsheet below.