World's Topmost Steel and DRI Producers in August 2017

Posted on 27 September 2017
 

Source: Scrap Monster

The latest production statistics published by the World Steel Association (worldsteel) indicates that the crude steel production by 67 countries reporting to the Association totaled 143.580 Million tonnes during the month of August this year. The monthly crude steel output surged higher by 6.3% when compared with the output during the same month a year before. These 67 countries had accounted for approximately 99% of the total world crude steel production during the previous year.

The following table provides the list of world’s top ten producers of crude steel during the month of August this year.

 Rank

Nation

Output

1

China

74,594

2

Japan

8,731

3

India

8,474

4

United States

7,064

5

South Korea

6,160

6

Russia

5,600

7

Germany

3,629

8

Turkey

3,182

9

Brazil

2,955

10

Taiwan

1,960

Also, the table given lists world’s ten leading crude steel producing nations during the first eight months of 2017.

 Rank

Nation

Output

1

China

566,405

2

Japan

69,644

3

India

66,459

4

United States

54,703

5

South Korea

47,012

6

Russia

46,525

7

Germany

29,366

8

Turkey

24,742

9

Brazil

22,509

10

Italy

15,585

Note: The above outputs are in thousand tonnes.

DRI Output

The preliminary data published by the World Steel Association suggests that the production of direct reduced iron (DRI) by world countries has declined slightly by nearly 0.5% in August this year. This is upon comparison with the previous month output. The production totaled 4.730 million metric tons (Mt), as compared with 4.752 Mt during the month prior to that.

Iran continued to be the leading DRI producer with estimated output of 1.430 Mt. The country’s output remained essentially flat when compared with the previous month. India’s DRI output totaled 1.230 Mt, reporting marginal decline from 1.234 Mt in July. The Mexican DRI output in August this year amounted to 510,000 metric tons, which is slightly higher than 509,000 metric tons output recorded during the month prior to that. The monthly output by other eleven DRI producing countries in metric tons are: Canada (155), Saudi Arabia (452), Trinidad & Tobago (Nil), Argentina (Nil), Peru (Nil), Venezuela (55), Egypt (300), Libya (30), South Africa (88), Qatar (232) and United Arab Emirates (248).

Jan-Aug ’17 DRI Output

The below table lists the world’s top ten DRI producing nations during the initial eight-month period of the current year.

 Rank

Nation

Output

1

Iran

11,686

2

India

9,820

3

Mexico

4,118

4

Saudi Arabia

3,337

5

Egypt

2,442

6

UAE

2,400

7

Qatar

1,650

8

Canada

1,048

9

Argentina

693

10

South Africa

623

Note: The above outputs are in thousand tonnes.

The World Steel production figures are based on the figures collected from 14 countries, which accounted for approximately 85% of the global DRI production in 2015. 



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