Steel Products Prices North America
October 21, 2014
Global Steel Production and Capacity Utilization in September 2014
Written by Peter Wright
Production in September on a tons per day basis was 4.481 million tonnes, up from 4.342 in August. This was the third month since February when production was <4.5 million tons per day. For the month of September production was 134.421 million tonnes down from 135.167 in August. This was a seasonal effect, due to one less day in the month. Since January 2008 on average, September monthly production has declined by 0.37 percent from August. This year September declined 0.55 percent from August. The three month moving average (3MMA) of production in September on an annualized basis was 1.625 billion tonnes and a capacity utilization of 75.0 percent, (Figure 1).
