World’s Top Crude Steel, DRI producing countries in March 2017

SEATTLE (Scrap Monster): According to latest statistics published by the World Steel Association, the world crude steel output by 67 countries reporting to the Association totaled 144.953 Million tonnes during March this year. The monthly output continued to rise by 4.6% when compared with the output during the same month a year before. These 67 countries accounted for approximately 99% of the total world crude steel production in 2016.

The following table lists world’s top ten nations with regards to total crude steel output during March 2017.

Also, the table given lists world’s top ten nations with regards to cumulative crude steel output during Jan-Mar ‘17.

Note: The above outputs are in thousand tonnes.

DRI production statistics

The preliminary data published by the World Steel Association indicates that the world direct reduced iron (DRI) production in March this year has surged higher significantly by over 9% when compared with the month before that.

The world DRI production during the month of March 2017 totaled 4.808 million metric tons, rising significantly by 9.4% when compared with the 4.394 million metric tons production achieved during February this year.

According to World Steel data, Iran ranked first in DRI production during the month. India and Mexico were the second and third largest DRI producing nations.

The estimated DRI output by Iran during March this year was 1.400 million metric tons. The country’s DRI output in March increased modestly when compared with the previous month. The DRI output by Iran had totaled 1.261 million metric tons during the previous month. India’s DRI production in March 2017 totaled 1.270 million metric tons, higher by 10.5% when compared with the previous month output of 1.149 million metric tons. The Mexican DRI output in March this year amounted to 550,000 metric tons, which is higher than 495,000 metric tons output recorded during February this year.

The DRI output (in thousand metric tons) by the other eleven countries in March 2017 is as follows: Canada (156), Saudi Arabia (298), Trinidad & Tobago (Nil), Argentina (170), Peru (Nil), Venezuela (70), Egypt (320), Libya (57), South Africa (74), Qatar (152) and United Arab Emirates (291).

The World Steel production figures are based on the figures collected from 14 countries, which accounted for approximately 85% of the global DRI production in 2015.

Cumulative DRI output

The table given below lists world’s top ten nations with regards to cumulative DRI output during Jan-Mar ‘17.

Note: The above outputs are in thousand tonnes.