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North American Crude Steel Output Soared 8.2% in December

Author:Zhengyang MachineryTimes:2019-01-29
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The latest steel production data published by the World Steel Association (worldsteel) indicates substantial jump in yearly output by the North American region in 2018. The yearly output was up by 4.1%. Also, the Dec ’18 steel output surged higher by 8.2% over the same month in 2017.
 
The North American region produced 10.323 million tons (Mt) of steel in December 2018, as compared with the output of 9.542 Mt in Dec ’17. The rise in output was primarily driven by the U.S., whose monthly output increased substantially by 12.4% from 6.732 Mt to 7.568 Mt over the year. The Canadian output too was up by 1.1% at 1.150 Mt as against 1.137 Mt a year before. Meantime, the Mexican output edged lower by 4.2% to total 1.550 Mt in Dec ’18. The country had recorded an output of 1.137 Mt in December 2017.
 
The yearly output by the region totaled 120.507 Mt in 2018, higher by 4.1% over the prior year. The North American crude steel output had totaled only 115.761 Mt during the entire year 2017. All countries except Canada reported increased production in 2018. The Canadian production declined by 4% over 2017.
 
The highest jump in production was reported by the U.S, whose output totaled 86.698 Mt in 2018, as compared with 81.612 Mt in 2017. Mexico-the second largest producer in the region reported 0.9% jump in yearly output. The country’s output totaled 20.110 Mt. Meantime, Canada reported total crude steel production of 13.075 Mt in 2018. Cuba and Guatemala reported a jump by 2% each, whereas El Salvador’s yearly output was up by 3%.
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