Steel Products Prices North America
July 20, 2016
Global Steel Production in June and Forecast through 2017
Written by Peter Wright
Production in the month of June at 135,720,000 metric tons was down by 2.7 percent from May and the three month moving average (3MMA) that we prefer as a measure was down by 0.2 percent year over year. Month over month the 3MMA was down by 0.6 percent. Capacity is 2.3 billion tonnes per year and the 3MMA of capacity utilization in June was 70.7 percent. Figure 1 shows monthly production and capacity utilization since January 2000.
