According WorldSteelAssociationv July steel production reached 133.2 million. Tons. This figure, combining the results of 65 countries included in the WSA, below last year's data by 3.8%. Since August 2009 this is the most impressive fall. And it clearly indicates, overtaken steel industry crisis. In July, the download industry production capacity has dropped to 68.4%. During the period 7mesyachny world steel production amounted to 948.1 million. Tons. Compared with the same period of 2014 reached 1.8% decline.
The decline in July was mainly due to China. Chinese steel smelting hit 65,840,000. Tons. This is lower than the results of the same period of 2014 by 4.6%. Representatives CISApolagayut that the decline in the PRC will continue in September. However, one can argue that the production of steel in China is irreversibly reduced.
Japan also showed a significant decrease in production output. Moreover, not only in July but also for the entire period 7mesyachny 2015. The fall of 4.8% over the previous year. At 3.9%, and decreased production of Korean steel. The US also there is a decline. In July, US manufacturers have released steel by 9.1% less than in July 2014. In January-July decline reached 8.4% — more than 4.3 million tons.
The leader in the steel sector, India. For 7mesyachny period production reached 52.9 million. Tons of steel. This figure is 4.3% — 2.2 million tons -. Higher than last year's result. The July figures increased by 1.2%. On the whole, the Indian economy has shown good results. Indian steelmakers also believe that the main problem is constantly increasing competition. In the financial period 2014−2015,. imports amounted to 9.3 mln. tons. This figure is higher than the previous result of 71%. In April-June 2015 3.5 mln. Tons were imported into India, which is 58% higher than the same period of 2014. Germany managed to maximize the production of steel. The growth was 4.7% compared to the same period in 2014. However, influencing factors are short-term.
In general, the European Union considers the period ended positive balance. Expansion of production indicators in the steel sector amounted to 0.4%. And this despite the fact that in Italy, a leading manufacturer of Ilvarabotaet with chronic intermittent. Perhaps, after the launch of another blast furnace production will be established. EU allowances provided and Hungary and Poland — almost 1.3 million tons versus 2014.