BY AGENCIES
WORLD crude steel production reached 1,527 million tonnes in 2011, increasing by 6.8 percent year on year, with China ranking the top, according to the World Steel Association.
World crude steel production touched a record in 2011, all the major steel producers apart from Japan and Spain showed growth last year. Growth was particularly robust in Turkey, South Korea and Italy.
According to the World Steel Association, annual production for Asia was 988.2 Mt of crude steel in 2011, an increase of 7.9 percent compared to 2010. The region's share of world steel production increased slightly from 64.0 percent in 2010 to 64.7 percent in 2011.
China's crude steel production in 2011 reached 695.5 Mt, an increase of 8.9 percent on 2010. China's share of world crude steel production increased from 44.7 percent in 2010 to 45.5 percent in 2011.
Japan produced 107.6 Mt in 2011, a 1.8 percent decrease from 2010. In 2011, South Korea's crude steel production was 68.5 Mt, a 16.2 percent increase compared to 2010.
The EU recorded an increase of 2.8 percent compared to 2010, producing 177.4 Mt of crude steel in 2011. Spain produced 15.6 Mt of crude steel in 2011, a 4.6 percent decrease on 2010 while Italy produced 28.7 Mt in 2011, an 11.3 percent increase over 2010.
In 2011, crude steel production in North America was 118.9 Mt, an increase of 6.8 percent on 2010. The United States produced 86.2 Mt of crude steel, 7.1 percent higher than 2010.
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