Chinaâs crude steel production for October 2014 was 67.5 Mt, a slight decrease of -0.3% compared to October 2013. Elsewhere in Asia, Japan produced 9.4 Mt of crude steel in October 2014, a decrease of -0.5% compared to October 2013. South Korea produced 6.2 Mt of crude steel in October 2014, up by 4.5% on October 2013.
In the EU, Germany produced 3.5 Mt of crude steel in October 2014, a decrease of -5.9% compared to October 2013. Italy produced 2.1 Mt of crude steel, down by -5.4% on October 2013. Franceâs crude steel production was 1.5 Mt, an increase of 15.0% compared to October 2013. Spain produced 1.3 Mt of crude steel, down by -0.4% compared to October 2013. Turkeyâs crude steel production for October 2014 was 2.7 Mt, down by -11.0% on October 2013.
The US produced 7.3 Mt of crude steel in October 2014, a decrease of -0.7% compared to October 2013. Brazilâs crude steel production for October 2014 was 3.1 Mt, up by 2.7% on October 2013.
The crude steel capacity utilisation ratio for the 65 countries in October 2014 was 74.7%. It is -2.6 percentage points lower than October 2013. Compared to September 2014, it is -1.4 percentage points lower.