Steel Products Prices North America
August 19, 2014
Global Steel Production and Capacity Utilization in July 2014
Written by Peter Wright
Production in July on a tons per day basis was 4.415 million metric tons, down from 4.590 in June. This was the first month since February when production was less than 4.5 million tons per day. This is not a seasonal effect. Since January 2008 on average, July production has been about the same as June. The three month moving average (3MMA) of production in July on an annualized basis was 1.663 billion tons and a capacity utilization of 78.4 percent, (Figure 1).
