Global Steel Tonnage Rose Just 1.2% in 2014


Global raw steel production totaled 1.64 billion metric tons in 2014, an increase of 1.2% over the 2013 total according to results released by the World Steel Association. The modest increase worldwide was mirrored by similar results in the major steel producing nations and regions, as China’s output increased just 0.9%, Japan’s rose 0.1%, and Germany’s improved 0.7%.

U.S. steelmakers’ output increased 1.7% over the 2013 total.

The data is collected and reported by the World Steel Assn., which tracks raw (or crude) steel tonnage and capacity utilization across 65 countries.

Read more on global steel tonnage on American Machinist.

American Machinist is an NED companion site within Penton's Manufacturing & Supply Chain Group.


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