The total production of liquid steel in 64 countries of the world, which are members of the World Steel Association (worldsteel), reached a higher level during 11 months of this year compared to last year. Results for the entire 2018 results will be presented at the end of January next year. Smelting in January-November 2018 increased by 4.7% compared to the previous year and amounted to 1.674 billion tons. This is compared to production of 1.573 billion tonnes between January and November 2017.
Only European countries reported a decline in production, and even then only slightly. Russia increased steel production by 0.9% to 65,812 thousand tons. At the same time, the consumption of rolled metal in the country remained practically at the level of last year, according to JSC Steel Industrial Company, which specializes in the supply of rolled metal to the Russian market and the CIS. The catalog of rolled metal products sold from a warehouse in Vladivostok vladivostok.spk.ru/catalog/metalloprokat/ includes over 10,000 items, including including sheet metal, long products, structural shapes, metal tiles, facade profiles, etc. SPK-Vladivostok has significant warehouse and production facilities, therefore it has the ability to provide a wide range of rolled metal products from leading Russian manufacturers.
The largest volume of crude production was noted in the Asian region, which reached 1.159 billion tons, which is more than 70% of world production. The growth in production in the Asian region was mainly driven by China, whose production rose 6.7% year-on-year to 857.372 million tonnes.
North American steel production climbed 3.7% in January-November 2018. The United States led the way with 5.7% annual production growth. Output in the United States for this period amounted to 79.156 million tons. While Canadian steel production fell 4.4% from 2017 to 11.924 million tonnes. Steel production in the South American region rose slightly in January-November 2018, up 2.1%. Steel production in the African continent increased by 8.5% over the previous year. According to Worldsteel, in the Middle East, manufacturing had the most significant growth, growing at 12.6%.
Steel production in the EU-28 countries decreased slightly by 0.5%. Meanwhile, production in other European countries rose 1.6%. The CIS and Oceania region reported production growth of 0.6% and 7.0%, respectively.
