- During 2006, the world crude steel production reached
a level of 1244 Million Tonnes.
- It shows a growth of 9.0% over 2005 crude steel production
level at 1142 Million Tonnes.
- China retained it's no. 1.position by producing around 422
Million tonnes, followed by Japan with production of 116 Million
Tonnes and USA with production at around 98 Million Tonnes.
- India with production of 44 Million Tonnes ranked 7th
amongst world steel producing countries.
- China accounted for 34% of world crude steel production
where as contributions from rest of the world were at EU 16%,
NAFTA 10.5%, CIS 9.6%, JAPAN 9.3% and other ASIA 10.5%.
- If we look at crude steel equivalent consumption figures
during the year 2006 it will be seen that China accounted for
31%, EU 17% ,NAFTA 14.5%, CIS 4.7%, JAPAN 6.7% and other ASIA
14% towards crude steel consumption for the world.
- Apparent finished steel consumption during the year 2006 was
around 1113 Million Tonnes as against 1026 Million tonnes during
2005.
- During the year 2005 , total world trade was around 364
million tones.
- During the year 2005 ,USA ranked no.1 as net importer
country at 20.8 million tones followed by Thailand at 10.8
million tones and Iran at 6.9 million tones.
- During the year 2005, Japan lead the world steel trade as a
net exporter at 26.8 million tones followed closely by CIS and
Russia at 26.3 Million tones.
- During 2007, crude steel production till
Sept'07(Jan-Sept'07) has been around 980 million tones
representing an increase of around 7.7% over same period last
year (910 million tones) .
- The ocean freight due to high demand for carrying iron ore
has increased substantially in the recent period.
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