Steel Products Prices North America
September 19, 2014
Global Steel Production and Capacity Utilization in August 2014
Written by Peter Wright
Production in August on a tons per day basis was 4.342 million tonnes, down from 4.424 in July. This was the second month since February when production was <4.5 million metric tons per day. This is a seasonal effect, since January 2008 on average, August production has declined by 1.76 percent from July. This year August declined 1.86 percent from July. The three month moving average (3MMA) of production in August on an annualized basis was 1.639 billion tons and a capacity utilization of 76.2 percent, (Figure 1).
