At the end of the first quarter of 2015, the World Steel Association (WSA) has published a report on the world crude steel production. This study collects production data from 65 countries in the world, producing 98% of the steel.
Despite having constant fluctuations in production, due to external agents such as the emergence of new fields, economic, changes in supply and demand, the decline in exports in some regions, etc., at the end of 2014 world production was 1.662 million of tonaladas, 1.2% more than 2013.
In 2014, the Middle East, the smallest for crude steel production region experienced the most significant growth. In other regions such as the EU, North America and Asia there was a modest growth compared to 2013, while in the CIS (Commonwealth of Independent States: Belarus, Jazakhstan, Moldova, Russia, Ukraine and Uzbekistan) and South America declined.
In the first quarter of 2015 general suffered declines in production according to this study. Asia, the largest producing region of steel reached 272 million tons of crude steel, China produced 200 million, up 1.1% from the first quarter of 2014.
The second largest producers, the European Union produced 43.7 million tonnes, 0.6% less than the same quarter last year.
In North America production was 28.1 million tons, 6.4% less and the CIS produced 24.8 million tons of crude steel in the first three months of 2015, a decrease of -5.9% over the same quarter of 2014.
In Spain, production maintains a trend of stability. In 2014 it amounted to 14.2 million tonnes, unchanged from the previous year, and its maximum variations 4% positive in the first quarter and down 3% in the last quarter.
For what concerns the first quarter of this year, it remains the 4th largest European producer with 3.6 million tons.
Despite the “pessimism” of the market, they are good data for Spain, which closed 2014 with a positive balance in the trade balance with 1.5 million tons and is stable this quarter.