Prices
March 23, 2016
Global Steel Production Down M/M and Y/Y in February
Written by Brett Linton
According to data released by the World Steel Association, total world crude steel production for February 2016 was 120,412,000 metric tons, down 6,461,000 tons or 5.1 percent from the previous month. February 2016 production was down 4.1 percent over February 2015 production of 125,575,000 tons.
North American production (United States, Canada, Mexico, Cuba, El Salvador, Guatemala, and Trinidad and Tobago) during February was 8,809,000 tons, down 293,000 tons or 3.2 percent compared to the previous month. When compared to February 2015 when North America produced 8,656,000 metric tons, February 2016 represents an increase of 1.8 percent.
