The Economy

Third Straight Month of Steel Output Drops

Sept. 24, 2014

Brussels-based World Steel Association reports steel production declined for the third straight month during August to 134,956 million metric tons. However, that total represents a 1.4% increase over August of 2013.

Robert Brooks

Capacity utilization also slipped, but the 74.2% result is 1.4% down from the August 2013 rate.

China's steelmakers YTD have produced 550.1 million metric tons of steel, nearly half of the total worldwide.

About the Author

Robert Brooks | Content Director

Robert Brooks has been a business-to-business reporter, writer, editor, and columnist for more than 20 years, specializing in the primary metal and basic manufacturing industries. His work has covered a wide range of topics, including process technology, resource development, material selection, product design, workforce development, and industrial market strategies, among others. Currently, he specializes in subjects related to metal component and product design, development, and manufacturing — including castings, forgings, machined parts, and fabrications.

Brooks is a graduate of Kenyon College (B.A. English, Political Science) and Emory University (M.A. English.)