World Steel in Figures 2016 Table of Contents Foreword

WORLD STEEL IN FIGURES 2016 TABLE OF CONTENTS FOREWORD

Foreword ��3 The global economy is going through a difficult phase as markets Sustainable steel ��4 adjust to slower levels of Chinese growth - the “new normal”. However, given the expected population increase, emerging new applications CRUDE STEEL PRODUCTION for steel and new markets developing, I am convinced that we will again World crude steel production, 1950 to 2015 ��7 have growth in the steel industry. Without steel modern society Top steel-producing companies, 2015 ��8 could not survive. Major steel-producing countries, 2014 and 2015 ��9 World crude steel production reached 1,621 million tonnes (Mt) for the Crude steel production by process, 2015 �� 10 year 2015, down by 2.9% compared to 2014. In 2015, China accounted Continuously-cast steel output, 2013 to 2015 �� 11 for 44.8% of the global market for steel (by volume), compared to Monthly crude steel production, 2012 to 2015 �� 12 45.9% in 2014. STEEL USE In 2015, concern over excess capacity once again increased. As Steel production and use: geographical distribution, 2005 �� 14 mentioned during an OECD high level symposium on the topic, “overcapacity is a global problem requiring a global solution; structural Steel production and use: geographical distribution, 2015 �� 15 adjustments are required.” Restructuring is not new; it is an ongoing Apparent steel use, 2009 to 2015 �� 16 process as old as the industry itself and it requires appropriate industrial Apparent steel use per capita, 2009 to 2015 �� 17 policy developed by governments in cooperation with industry. RAW MATERIALS Barriers to exit as well as social and environmental impacts need to be addressed and planned for. In today’s economic context it is ever more Pig iron, 2014 and 2015 �� 18 crucial that policies promote a level playing field to ensure that steel Direct reduced iron production, 2008 to 2015 �� 19 companies in one region are not put at a disadvantage with steelmakers Iron ore, 2014 ��20 from other regions or in relation to competing materials. World iron ore trade by area, 2015 �� 21 But one must never forget that the key word in any discussion about Trade in ferrous scrap, 2014 and 2015 ��22 steel is “sustainable”. If one longstanding challenge for the industry World trade in ferrous scrap by area, 2015 ��23 has been how to produce steel with lower carbon emissions, the new STEEL TRADE challenge is improving the value of steel in applications. This needs a major focus on innovation. World trade in steel products, 1975 to 2015 �� 24 World volume of trade, 2000 to 2015 �� 24 Steel plays a key role in the new circular business model in which World steel exports by product, 2009 to 2015 �� 25 all products must be designed and manufactured to be repaired, World steel trade by area, 2015 ��26 remanufactured, reused and recycled. The next few pages of this publication give you a glimpse of why steel, thanks to its strength, Major importers and exporters of steel, 2015 �� 27 adaptability, flexibility and durability, is the essential material in the INDIRECT TRADE circular economy. Indirect trade in steel, 2000 to 2014 ��28 This booklet provides a comprehensive overview of steel industry Major indirect importers and exporters of steel, 2014 ��28 activities, stretching from production to steel use to some indications True steel use, 2008 to 2014 ��29 of global trade flows. Apparent and true steel use per capita, 2014 ��29

For details on the notation used in this publication, please refer to page 30. Dr Edwin Basson Director General 3 SUSTAINABLE STEEL As a permanent material, steel is essential to achieving a circular economy.

Reduce Remanufacture

To reduce is to decrease the amount of material, energy and other Remanufacture is the process of restoring durable, used steel products resources used to create steel as well as decreasing the weight of steel to as-new condition. used in products by developing higher strength steels.

DUCTION T RE BEN End-of-life turbine GH EF EI IT W S

n io I Reduced use t n Job creation a s c p of raw i e f Remanufacturing steel in R&D i c materials t t r i

o e products can signifcantly

n c

e extend the life span of a R component and preserve Automotive Construction Packaging Reduced Reduced transport the energy used to create it. CO emissions High-strength steels have led to a 25 to 40% 2 impact weight reduction over the past ly three decades, with corresponding b decreases in emissions R m em se and energy use a as nu is fac D ture

Reduced energy use Use and reuse Recycle

Reuse is using an object or material again, either for its original purpose Recycling is melting steel products at the end of their useful life to create or for a similar purpose, without significantly altering its physical form. new steels. Recycling alters the physical form of the steel object so that Rail tracks or construction beams can, for example, be reused once their a new application can be created from the recycled material. initial use is fulfilled. Steelmaking by-products can also be used in new applications, such as slag in concrete. Earth

M STEEL By-products an uf ac tu PRODUCTION 32.9% of steelmaking by-products are used r in OUTPUT to make new products, such as fertilisers, g P electricity, cement, roadstones, paint, and re -c on much more. Waste is reduced to a minimum. su me r re cycling

P o s Steel t -c on 64.4% su me r re cycling Today 650 million tonnes of steel are Waste recycled every year. 2.7% For more examples, visit the circular economy section of worldsteel.org 4 5 SUSTAINABLE STEEL WORLD CRUDE STEEL PRODUCTION 1950 TO 2015

Life Cycle Assessment million tonnes worldsteel continues to promote the use of Life Cycle Assessment Years World Years World Years World (LCA) as the only way to establish with accuracy the environmental 1950 189 1997 800 2008 1,343 performance of any given product throughout its full lifetime. An LCA 1955 270 1998 779 2009 1,239 of a steel product looks at resource and energy use, as well as by- 1960 347 1999 790 2010 1,433 products and emissions released to air, water and land, from the raw 1965 456 2000 850 2011 1,538 material extraction phase to its end-of-life phase, including recycling 1970 595 2001 852 2012 1,560 1975 644 2002 905 2013 1,650 and disposal. LCA can be used to identify priorities for improvements in 1980 717 2003 971 2014 1,670 process operations and product design and development. This ensures 1985 719 2004 1,063 2015 1,621 that improvements in one life cycle phase do not result in unintended 1990 770 2005 1,148 consequences in another phase or impact category. 1995 753 2006 1,250 1996 751 2007 1,348 steeluniversity 1,800 Average Growth Rates The steel industry needs to attract and retain young talent to drive the % per annum process of innovation forward. steeluniversity, a worldsteel initiative, is an Years World industry university delivering education and training to current and future 1,600 1950-55 7.4 employees of steel companies and related businesses. steeluniversity 1955-60 5.1 delivers online courses on steel manufacturing, steel applications, ferrous 1960-65 5.6 1,400 1965-70 5.5 metallurgy, business, environment and safety. A new steel competitive 1970-75 1.6 game called steelBusiness has been launched to provide training to 1975-80 2.2 understand steel company finances as you run a virtual steel company. 1980-85 0.1 1,200 1985-90 1.4 Annual highlights include steelManagement (a four-day residential course 1990-95 -0.5 on steel business strategy) and steelChallenge (a global competition for 1995-00 2.5 young people using a manufacturing simulation). 2000-05 6.2 1,000 2005-10 4.5 2010-15 2.5

Safety and health 800

Nothing is more important than the safety and health of people who work in the steel industry. worldsteel is set up to support its members 600 to achieve the ‘zero’ goal, an injury-free and healthy workplace for employees and contractors. This year, worldsteel produced an updated position paper on safety and health in which the organisation outlines 400 its activities. One of the key initiatives is the Steel Safety Day held every year on 28 April. Its aim is to reinforce the leadership needed to eliminate the top five causes of serious injury: moving machinery, falling from 200 heights, falling objects, gas and asphyxiation, and overhead cranes. Other worldsteel activities include safety workshops, shop floor audits, sharing of metrics and best practices, and an annual safety and health 0 1950 1960 1970 1980 1990 2000 2010 recognition programme. 6 7 TOP STEELMAKERS IN THE WORLD MAJOR STEEL-PRODUCING COUNTRIES 2015 2014 AND 2015

million tonnes crude steel production million tonnes crude steel production

Rank Company Tonnage Rank Company Tonnage 2015 2014 Country Rank Tonnage Rank Tonnage 1 ArcelorMittal 97.14 26 SAIL 14.34 China 1 803.8 1 822.8 2 Hesteel Group 47.75 27 IMIDRO 14.10 Japan 2 105.2 2 110.7 India 3 89.4 4 87.3 3 NSSMC 46.37 28 Rizhao Steel 14.00 United States 4 78.8 3 88.2 4 POSCO 41.97 29 Fangda Steel 13.21 Russia 5 70.9 6 71.5 South Korea 6 69.7 5 71.5 (1) 5 Baosteel Group 34.94 30 JSW Steel Limited 12.42 Germany 7 42.7 7 42.9 6 Shagang Group 34.21 31 MMK 12.24 Brazil 8 33.3 9 33.9 Turkey 9 31.5 8 34.0 7 Ansteel Group 32.50 32 Baotou Steel 11.86 Ukraine 10 23.0 10 27.2 Italy 11 22.0 11 23.7 8 JFE Steel Corporation 29.83 33 Severstal 11.45 Taiwan, China 12 21.4 12 23.1 9 Shougang Group 28.55 34 Jingye Steel 11.32 Mexico 13 18.2 13 18.9 Iran 14 16.1 14 16.3 10 Tata Steel Group 26.31 35 Liuzhou Steel (2) 10.83 France 15 15.0 15 16.1 11 Wuhan Steel Group (2) 25.78 36 Anyang Steel 10.74 Spain 16 14.8 16 14.2 Canada 17 12.5 17 12.7 12 Shandong Steel Group 21.69 37 Zongheng Steel 10.38 United Kingdom 18 10.9 18 12.1 13 Hyundai Steel 20.48 38 Taiyuan Steel 10.26 Poland 19 9.2 19 8.6 Austria 20 7.7 20 7.9 14 Nucor Corporation 19.62 39 Jinxi Steel 9.77 Belgium 21 7.3 21 7.3 15 Maanshan Steel 18.82 40 Metinvest Holding 9.65 Netherlands 22 7.0 22 7.0 South Africa 23 6.4 24 6.4 16 thyssenkrupp 17.34 41 Sanming Steel 9.58 Viet Nam (e) 24 6.1 26 5.8 Egypt 25 5.5 23 6.5 17 Gerdau 17.03 42 Zenith Steel 9.08 Czech Republic 26 5.3 28 5.4 18 Tianjin Bohai Steel 16.27 43 Erdemir Group 8.93 Saudi Arabia 27 5.2 25 6.3 Argentina 28 5.0 27 5.5 19 NLMK 16.05 44 Xinyu Steel 8.64 Australia 29 4.9 30 4.6 20 Jianlong Group 15.14 45 Nanjing Steel 8.59 Slovak Republic 30 4.6 29 4.7 Sweden 31 4.4 31 4.5 21 Benxi Steel 14.99 46 Techint Group 8.40 Indonesia (e) 32 4.2 32 4.4 22 Valin Group 14.87 47 Guofeng Steel 8.29 Malaysia (e) 33 4.1 33 4.3 Finland 34 4.0 35 3.8 23 China Steel Corporation 14.82 48 voestalpine Group 7.76 Kazakhstan 35 3.9 36 3.7 24 U. S. Steel Corporation 14.52 49 Jiuquan Steel 7.69 Thailand 36 3.7 34 4.1 Romania 37 3.4 37 3.2 25 EVRAZ 14.35 50 CITIC Pacifc 7.61 United Arab Emirates 38 3.0 41 2.4 Pakistan 39 2.9 40 2.4 (1) Baosteel now has minority ownership in Ningbo therefore Ningbo tonnage is not included. Qatar 40 2.6 38 3.0 (2) Liuzhou Steel is no longer part of Wuhan Steel Group and is now listed separately. Byelorussia 41 2.5 39 2.5 Luxembourg 42 2.1 42 2.2 Portugal (e) 43 2.0 43 2.1 Notes on company ownership and tonnage calculations: For worldsteel members, the data Oman (e) 44 2.0 44 1.5 was sourced from their official tonnage declaration. For Chinese companies, the official CISA Hungary 45 1.7 50 1.2 tonnage publication was used. In cases of more than 50% ownership, 100% of the subsidiary’s tonnage is included. In cases of 30%-50% ownership, pro-rata tonnage is included. Unless Switzerland (e) 46 1.5 46 1.5 otherwise specified, less than 30% ownership is considered a minority interest and therefore Venezuela 47 1.3 45 1.5 not included. North Korea (e) 48 1.3 47 1.3 Colombia 49 1.2 48 1.2 For an extended company listing, go to worldsteel.org/statistics/top-producers. Philippines (e) 50 1.1 49 1.2 Others 14.8 14.8 World 1,620.9 1,669.9

8 9 CRUDE STEEL PRODUCTION CONTINUOUSLY-CAST STEEL OUTPUT BY PROCESS, 2015 2013 TO 2015

Million Oxygen % Electric Open hearth Other Total Million tonnes % Crude steel output tonnes % % % % 2013 2014 2015 2013 2014 2015 Austria 7.7 91.3 8.7 - - 100.0 Belgium 7.3 66.3 33.7 - - 100.0 Austria 7.7 7.6 7.4 96.4 96.3 96.6 Bulgaria 0.5 - 100.0 - - 100.0 Belgium 7.1 7.3 7.3 100.0 100.0 100.0 Croatia 0.1 - 100.0 - - 100.0 Bulgaria 0.5 0.6 0.5 100.0 100.0 100.0 Czech Republic 5.3 93.2 6.8 - - 100.0 Croatia 0.1 0.2 0.1 100.0 100.0 100.0 Finland 4.0 65.8 34.2 - - 100.0 Czech Republic 4.7 4.9 4.8 91.1 91.6 91.2 France 15.0 65.6 34.4 - - 100.0 Finland 3.5 3.8 4.0 99.5 99.5 99.6 Germany 42.7 70.4 29.6 - - 100.0 France 15.1 15.5 14.4 96.3 96.2 96.1 Greece 0.9 - 100.0 - - 100.0 Germany 41.3 41.6 41.4 96.9 96.8 97.0 Hungary 1.7 90.0 10.0 - - 100.0 Greece 1.0 1.0 0.9 100.0 100.0 100.0 Italy 22.0 21.8 78.2 - - 100.0 Hungary 0.9 1.2 1.7 100.0 100.0 100.0 Luxembourg 2.1 - 100.0 - - 100.0 Italy 22.9 22.3 20.8 95.0 94.2 94.3 Netherlands 7.0 98.5 1.5 - - 100.0 Latvia (e) 0.2 - - 100.0 - - Poland 9.2 57.8 42.2 - - 100.0 Luxembourg 2.1 2.2 2.1 100.0 100.0 100.0 Portugal (e) 2.0 - 100.0 - - 100.0 Netherlands 6.6 6.8 6.9 98.0 98.2 98.5 Romania 3.4 59.7 40.3 - - 100.0 Poland 7.8 8.4 9.0 97.9 98.1 98.3 Slovak Republic 4.6 92.9 7.1 - - 100.0 Portugal (e) 2.0 2.1 2.0 99.5 99.2 98.8 Slovenia 0.6 - 100.0 - - 100.0 Romania 2.9 3.1 3.3 97.2 98.2 97.9 Spain 14.8 31.7 68.3 - - 100.0 Slovak Republic 4.5 4.7 4.6 99.7 99.8 99.8 Sweden 4.4 66.1 33.9 - - 100.0 Slovenia 0.5 0.5 0.5 82.3 80.2 80.1 United Kingdom 10.9 83.8 16.2 - - 100.0 Spain 13.9 13.9 14.6 97.8 97.8 98.2 European Union (28) 166.1 60.6 39.4 - - 100.0 Sweden 3.9 4.0 3.8 87.6 87.6 88.0 Turkey 31.5 35.0 65.0 - - 100.0 United Kingdom 11.7 11.9 10.8 98.7 98.6 98.6 Others 4.7 38.1 61.9 - - 100.0 European Union (28) 160.9 163.6 160.8 96.7 96.6 96.8 Other Europe 36.2 35.4 64.6 - - 100.0 Turkey 34.7 34.0 31.5 100.0 100.0 100.0 Russia 70.9 67.7 29.0 2.4 0.9 100.0 Others 4.0 4.3 4.6 99.7 99.8 99.7 Ukraine 23.0 71.8 5.6 22.6 - 100.0 Other Europe 38.6 38.4 36.2 100.0 100.0 100.0 Other CIS 7.7 47.1 52.9 - - 100.0 Russia 56.0 58.5 58.0 81.2 81.9 81.8 CIS 101.6 67.0 25.5 6.9 0.6 100.0 Ukraine 17.0 14.7 11.2 52.0 54.1 48.9 Canada 12.5 53.8 46.2 - - 100.0 Other CIS 6.6 7.4 7.7 99.9 99.9 99.9 Mexico 18.2 29.7 70.3 - - 100.0 CIS 79.7 80.6 76.9 73.5 76.0 75.7 United States 78.8 37.3 62.7 - - 100.0 Canada 12.1 12.5 12.2 97.1 98.0 97.6 NAFTA 109.5 37.9 62.1 - - 100.0 Mexico 18.2 18.9 18.2 99.7 99.9 99.9 Argentina 5.0 56.1 43.9 - - 100.0 United States 85.8 86.9 78.1 98.8 98.5 99.0 Brazil 33.3 78.5 19.9 - 1.6 100.0 NAFTA 116.0 118.3 108.5 98.7 98.7 99.0 Chile 1.1 69.5 30.5 - - 100.0 Argentina 5.2 5.5 5.0 99.7 99.7 99.7 Venezuela 1.3 - 100.0 - - 100.0 Brazil 33.4 33.4 32.9 97.9 98.5 99.0 Others 4.2 7.0 93.0 - - 100.0 Venezuela 2.1 1.5 1.3 100.0 100.0 100.0 Central and South America 44.9 66.8 32.0 - 1.2 100.0 Other Latin America 5.1 5.0 5.0 94.0 100.0 94.7 Egypt (e) 5.5 10.5 89.5 - - 100.0 Central and South America 45.8 45.4 44.3 97.7 98.8 98.6 South Africa 6.4 61.1 38.9 - - 100.0 Egypt (e) 6.8 6.5 5.5 100.0 100.0 100.0 Other Africa 1.7 38.5 61.5 - - 100.0 South Africa 7.1 6.4 6.4 99.7 99.5 99.4 Africa 13.6 37.8 62.2 - - 100.0 Other Africa 1.9 1.9 1.7 100.0 100.0 100.0 Iran 16.1 14.9 85.1 - - 100.0 Africa 15.8 14.7 13.5 99.9 99.8 99.7 Saudi Arabia 5.2 - 100.0 - - 100.0 Iran 15.4 16.3 16.1 100.0 100.0 99.8 Other Middle East 7.9 - 100.0 - - 100.0 Saudi Arabia 5.5 6.3 5.2 100.0 100.0 100.0 Middle East 29.3 8.2 91.8 - - 100.0 Other Middle East 5.9 7.2 7.9 100.0 100.0 100.0 China 803.8 93.9 6.1 - - 100.0 Middle East 26.8 29.8 29.2 100.0 100.0 99.9 India 89.4 42.7 57.3 - - 100.0 China 808.2 809.0 790.0 98.3 98.3 98.3 Japan 105.2 77.1 22.9 - - 100.0 India (e) 66.3 72.3 74.5 81.5 82.8 83.4 South Korea 69.7 69.6 30.4 - - 100.0 Japan 108.9 108.5 103.1 98.5 98.1 98.1 Taiwan, China 21.4 62.4 37.6 - - 100.0 South Korea 65.0 70.4 68.7 98.4 98.4 98.6 Other Asia 21.0 4.6 92.4 - 3.0 100.0 Taiwan, China 22.2 23.0 21.3 99.6 99.6 99.6 Asia 1,110.4 84.4 15.5 - 0.1 100.0 Other Asia 12.7 14.7 13.7 100.0 100.0 100.0 Australia 4.9 77.1 22.9 - - 100.0 Asia 1,083.4 1,097.9 1,071.3 97.2 97.2 97.1 New Zealand 0.8 73.5 26.5 - - 100.0 Australia 4.6 4.6 4.9 98.7 99.4 99.5 Total of above countries 1,617.3 74.4 25.1 0.4 0.1 100.0 New Zealand 0.9 0.9 0.8 100.0 100.0 100.0 The countries in this table accounted for more than 99% of world crude steel production in 2015. Total of above countries 1,572.6 1,594.2 1,546.4 95.8 96.1 96.1 10 The countries in this table accounted for more than 99% of world crude steel production in 2015. 11 MONTHLY CRUDE STEEL PRODUCTION 2012 TO 2015 million tonnes million tonnes

Total 66 reporting countries NAFTA 145 12

11 135

125 9

actual data deseasonalised data actual data deseasonalised data 115 8 2012 2013 2014 2015 2012 2013 2014 2015

European Union (28) Central and South America 17 5.0

4.5 15

4.0

13 3.5

actual data deseasonalised data actual data deseasonalised data 11 3.0 2012 2013 2014 2015 2012 2013 2014 2015 CIS (6) Japan 10.0 10.0

9.5 9.5

9.0 9.0 8.5

8.5 8.0 actual data deseasonalised data actual data deseasonalised data 7.5 8.0 2012 2013 2014 2015 2012 2013 2014 2015 The 66 reporting countries China 85 Argentina, Australia, Austria, Belgium, Bosnia-Herzegovina, Brazil, Bulgaria, Byelorussia, Canada, Chile, China, Colombia, Croatia, Cuba, Czech Republic, Ecuador, Egypt, El Salvador, Finland, France, Germany, Greece, Guatemala, Hungary, 75 India, Iran, Italy, Japan, Kazakhstan, Latvia, Libya, Luxembourg, Macedonia, Mexico, Moldova, Morocco, Netherlands, New Zealand, Norway, Pakistan, Paraguay, Peru, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Serbia, Slovak Republic, 65 Slovenia, South Africa, South Korea, Spain, Sweden, Taiwan, China, Thailand, Trinidad and Tobago, Turkey, Ukraine, United Arab Emirates, United Kingdom, United States, 55 Uruguay, Uzbekistan, and Venezuela. In 2015, these 66 countries accounted for more than 98% of world crude steel actual data deseasonalised data production. 45 2012 2013 2014 2015 12 13 STEEL PRODUCTION AND USE: STEEL PRODUCTION AND USE: GEOGRAPHICAL DISTRIBUTION GEOGRAPHICAL DISTRIBUTION 2005 2015

Crude steel production Crude steel production World total: 1,149 million tonnes World total: 1,621 million tonnes

Other Europe Others 2.2% EU (28) Others EU (28) Other Asia 7.7% CIS 17.0% Other Asia 5.8% 10.2% 11.4% Other Europe 6.3% 2.3% 12.6% Japan CIS Japan NAFTA 9.8% 9.9% 6.5% 6.8% NAFTA China 11.0% 31.0% China 49.6%

Others comprise: Others comprise: Africa 1.6 % Central and South America 4.1 % Africa 0.8 % Central and South America 2.8 % Middle East 1.3 % Australia and New Zealand 0.8 % Middle East 1.8 % Australia and New Zealand 0.4 %

Apparent steel use (finished steel products) Apparent steel use (finished steel products) World total: 1,046 million tonnes World total: 1,500 million tonnes

Other Europe Other Europe 2.7% 2.3% CIS Others EU (28) Others EU (28) 9.1% 9.6% 10.2% 3.3% Other Asia 16.0% CIS Other Asia 14.9% 4.0% 16.2% NAFTA 9.0% Japan NAFTA Japan 7.3% 13.1% 4.2% China China 33.2% 44.8%

Others comprise: Others comprise: Africa 1.9 % Central and South America 3.1 % Africa 2.6 % Central and South America 3.0 % Middle East 3.3 % Australia and New Zealand 0.8 % Middle East 3.5 % Australia and New Zealand 0.5 %

14 15 APPARENT STEEL USE APPARENT STEEL USE PER CAPITA 2009 TO 2015 2009 TO 2015

million tonnes fnished steel products kilogrammes fnished steel products

2009 2010 2011 2012 2013 2014 2015 2009 2010 2011 2012 2013 2014 2015 Austria 3.2 3.6 3.9 3.6 3.5 3.6 3.6 Austria 386.3 433.9 462.3 428.1 416.7 421.3 418.3 Belgium-Luxembourg 4.1 4.6 5.0 4.5 4.4 4.5 4.5 Belgium-Luxembourg 361.2 402.2 436.4 384.1 376.1 384.5 381.3 Czech Republic 4.5 5.5 6.1 5.9 5.9 6.2 6.6 Czech Republic 430.8 525.4 575.6 554.8 556.2 587.6 627.4 France 11.0 13.1 14.0 12.6 12.6 12.5 12.5 France 175.6 207.5 221.5 198.4 197.5 195.3 194.2 Germany 28.2 36.2 40.7 37.5 38.0 39.6 39.0 Germany 350.3 450.5 506.2 465.9 471.8 491.6 483.8 Italy 20.1 25.7 26.6 21.5 22.0 22.0 23.9 Italy 337.6 430.5 444.9 360.2 367.6 367.8 400.5 Netherlands 2.9 3.2 3.8 3.5 3.5 3.4 3.6 Netherlands 175.0 190.0 230.3 206.7 206.1 201.1 209.8 Poland 8.2 10.0 11.0 10.4 10.4 12.3 12.5 Poland 212.5 258.0 285.6 269.5 269.2 317.9 324.6 Romania 2.6 3.3 3.8 3.3 3.3 3.8 3.9 Romania 129.0 161.9 187.1 166.6 166.5 194.9 199.9 Spain 11.9 13.1 13.1 10.4 10.7 11.6 12.7 Spain 256.5 280.4 280.8 223.7 229.5 250.2 275.3 Sweden 2.6 3.6 3.9 3.5 3.6 3.4 3.4 Sweden 276.1 388.0 411.3 366.9 373.0 349.2 344.0 United Kingdom 7.9 9.9 10.2 9.7 9.6 10.7 10.5 United Kingdom 126.6 157.8 161.9 152.2 150.0 165.6 161.9 Other EU (28) 14.1 14.7 14.6 13.9 14.6 15.5 16.6 Other EU (28) 188.5 197.1 196.4 187.3 197.3 210.4 225.2 European Union (28) 121.2 146.4 156.7 140.3 142.0 149.1 153.3 European Union (28) 242.1 291.6 311.6 278.5 281.6 295.5 303.5 Turkey 18.0 23.6 26.9 28.5 31.3 30.8 34.4 Turkey 253.0 325.9 366.3 380.3 410.6 396.9 436.8 Others 5.1 5.3 5.8 5.6 5.6 6.3 5.7 Others 163.3 167.4 183.7 177.0 175.6 197.1 178.8 Other Europe 23.2 28.8 32.7 34.1 36.9 37.1 40.1 Other Europe 225.5 277.8 311.4 319.8 341.3 338.6 362.0 Russia 24.8 36.7 41.5 42.8 43.3 43.0 39.4 Russia 173.5 256.7 289.7 298.7 302.1 299.8 274.6 Ukraine 3.9 5.5 6.3 6.3 5.6 4.3 3.3 Ukraine 84.6 119.9 139.2 138.7 123.6 94.8 74.7 other CIS 7.2 7.2 7.5 8.6 9.8 8.8 7.3 other CIS 102.7 102.0 104.1 118.8 133.4 118.5 97.0 CIS 35.9 49.5 55.3 57.7 58.7 56.0 50.0 CIS 138.6 190.4 212.3 220.9 224.1 213.5 190.0 Canada 9.5 14.1 14.2 15.6 14.1 16.9 14.5 Canada 282.5 412.9 410.8 446.7 400.1 473.7 404.6 Mexico 15.2 17.8 19.8 20.9 20.1 22.9 24.2 Mexico 129.9 149.7 164.5 171.3 162.7 182.5 190.6 United States 59.2 79.9 89.2 96.2 95.7 107.0 95.7 United States 192.7 257.8 285.5 305.6 301.8 335.0 297.4 NAFTA 83.9 111.7 123.2 132.7 129.9 146.7 134.5 NAFTA 183.3 241.6 263.6 281.3 272.9 305.4 277.4 Argentina 3.2 4.6 5.3 4.9 5.1 5.0 5.3 Argentina 78.5 112.1 128.1 116.4 119.0 116.5 121.0 Brazil 18.6 26.7 26.1 26.6 28.0 25.6 21.3 Brazil 94.4 134.3 130.1 131.3 137.2 124.3 102.6 Venezuela 2.7 2.3 2.6 3.0 2.9 2.0 1.8 Venezuela 94.0 78.1 88.6 100.1 94.9 66.3 57.4 Others 8.8 11.7 13.0 14.2 15.4 16.3 17.0 Others 48.6 63.7 70.2 75.8 78.9 82.4 85.8 Central and South America 33.3 45.2 47.1 48.7 51.3 48.9 45.4 Central and South America 73.1 98.3 101.1 103.5 107.9 101.8 93.5 Egypt 11.1 9.3 7.8 9.5 9.2 10.2 10.9 Egypt 137.4 113.7 92.9 110.5 105.1 113.7 118.7 South Africa 4.5 5.0 5.3 5.3 5.7 5.1 5.4 South Africa 87.4 96.9 102.1 99.7 106.5 94.7 98.5 Other Africa 16.4 14.1 16.3 18.2 21.5 22.1 22.8 Other Africa 18.6 15.6 17.6 19.1 22.0 22.0 22.0 Africa 31.9 28.4 29.4 32.9 36.4 37.4 39.0 Africa 31.5 27.4 27.6 30.1 32.5 32.5 33.1 Iran 17.5 19.7 21.1 19.0 18.8 18.9 18.7 Iran 239.1 265.2 280.9 249.1 243.5 242.1 236.6 Other Middle East 28.5 29.0 30.1 31.8 32.9 34.6 34.3 Other Middle East 251.4 248.2 248.0 250.4 253.0 267.3 261.2 Middle East 46.0 48.7 51.3 50.7 51.7 53.5 53.0 Middle East 221.1 228.3 235.2 228.2 228.1 232.0 225.4 China 551.4 587.6 641.2 660.1 735.1 710.8 672.3 China 413.4 438.2 475.6 487.0 539.5 519.0 488.6 India 57.9 64.9 69.8 72.4 73.7 76.1 79.5 India 47.7 52.8 55.9 57.3 57.6 58.7 60.6 Japan 52.8 63.6 64.1 64.0 65.2 67.7 62.9 Japan 414.6 499.3 503.7 503.0 513.8 533.9 497.3 South Korea 45.4 52.4 56.4 54.1 51.8 55.5 56.0 South Korea 930.5 1,067.2 1,142.5 1,089.9 1,038.4 1,108.8 1,113.6 Taiwan, China 11.3 17.8 18.1 17.8 18.6 19.6 17.5 Taiwan, China 487.7 766.8 778.0 762.8 795.8 837.2 750.6 Other Asia 51.5 57.6 63.3 71.0 76.2 81.0 89.2 Other Asia 54.8 60.6 65.7 72.7 77.1 80.8 87.9 Asia 770.3 843.9 912.8 939.3 1,020.6 1,010.6 977.5 Asia 209.0 226.7 242.9 247.5 266.4 261.3 250.5 Oceania 6.0 7.8 6.9 7.3 6.7 7.4 7.3 Oceania 168.2 215.4 185.2 194.9 174.2 191.5 185.1 World 1,151.7 1,310.5 1,415.4 1,443.7 1,534.2 1,546.9 1,500.1 World 171.4 192.8 205.7 207.4 217.8 217.1 208.2

16 17 PIG IRON DIRECT REDUCED IRON PRODUCTION 2014 AND 2015 2008 TO 2015 million tonnes million tonnes

Production Production - Exports + Imports Apparent 2008 2009 2010 2011 2012 2013 2014 2015 = Consumption Germany 0.5 0.4 0.4 0.4 0.6 0.5 0.6 0.6 2014 2015 2015 2015 2015 Austria 6.0 5.8 0.0 0.1 5.9 Sweden 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 Belgium-Luxembourg 4.4 4.2 0.1 0.2 4.3 European Union (28) 0.6 0.5 0.6 0.5 0.7 0.6 0.7 0.7 Czech Republic 4.2 4.0 0.0 0.1 4.1 Russia 4.5 4.6 4.7 5.2 5.1 5.3 5.4 - Finland 2.5 2.6 0.0 0.0 2.6 France 10.9 10.1 0.0 0.1 10.2 Canada 0.7 0.3 0.6 0.7 0.8 1.2 1.5 1.5 Germany 27.4 27.8 0.1 0.5 28.2 Mexico 6.0 4.1 5.4 5.9 5.6 6.1 6.0 5.5 Hungary 0.8 1.2 0.0 0.0 1.3 United States 0.3 ------Italy 6.4 5.1 0.1 1.7 6.7 Netherlands 5.9 6.1 0.2 0.4 6.2 NAFTA 7.0 4.5 6.0 6.6 6.4 7.3 7.5 7.0 Poland 4.6 4.8 0.1 0.2 5.0 Argentina 1.8 0.8 1.6 1.7 1.6 1.5 1.7 1.3 Romania 1.6 1.8 0.0 0.0 1.8 Brazil 0.3 0.0 ------Slovak Republic 3.8 3.7 0.0 0.0 3.8 Peru 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 Spain 4.0 4.4 0.0 0.2 4.7 Trinidad and Tobago 2.8 2.0 3.1 3.0 3.3 3.3 1.6 2.2 Sweden 3.1 2.9 0.1 0.1 2.8 United Kingdom 9.7 8.8 0.0 0.0 8.8 Venezuela 6.8 5.5 3.8 4.2 4.5 2.7 1.4 1.4 Other EU - - 0.1 0.1 0.1 Central and South America 11.8 8.4 8.5 9.0 9.4 7.6 4.8 4.9 European Union (28) 95.2 93.4 0.8 3.9 96.4 Egypt 2.6 3.1 3.0 2.9 3.1 3.4 2.9 2.5 Turkey 9.4 10.2 0.0 1.2 11.4 Libya 1.6 1.1 1.3 0.2 0.5 1.0 1.0 0.4 Others 1.5 1.8 0.0 0.0 1.8 South Africa 1.2 1.3 1.1 1.4 1.5 1.3 1.6 1.1 (e) Other Europe 10.9 12.0 0.1 1.2 13.2 Kazakhstan 3.2 3.2 0.0 - 3.2 Africa 5.4 5.5 5.4 4.5 5.1 5.7 5.5 4.0 Russia 51.5 52.6 5.3 0.0 47.2 Iran 7.4 8.1 9.4 10.4 11.6 14.5 14.6 14.5

Ukraine 24.8 21.8 2.2 0.0 19.6 Oman - - - 1.1 1.5 1.5 1.5 1.5 (e) Other CIS - - 0.0 0.1 0.1 Qatar 1.7 2.1 2.3 2.4 2.4 2.4 2.5 2.6 CIS 79.5 77.6 7.5 0.1 70.2 Canada 6.7 5.9 0.0 0.1 5.9 Saudi Arabia 5.0 5.0 5.5 5.8 5.7 6.1 5.5 4.8 Mexico 5.1 4.6 0.0 0.8 5.4 United Arab Emirates - - 1.2 1.8 2.7 3.1 2.4 3.2 United States 29.4 25.4 0.1 4.5 29.9 Middle East 14.0 15.2 18.3 21.4 23.8 27.5 26.5 26.7 NAFTA 41.2 35.9 0.1 5.4 41.2 China 0.2 0.0 ------Argentina 2.8 2.7 - 0.1 2.7 India 21.2 22.0 23.4 22.0 20.1 16.9 20.4 17.4 Brazil 27.0 27.8 2.8 0.0 25.1 Chile 0.6 0.6 0.0 0.0 0.6 Indonesia 1.2 1.1 1.3 1.2 0.5 0.8 0.2 0.2 (e) Other Latin America 0.3 0.3 0.0 0.1 0.4 Malaysia 2.0 2.4 2.4 2.9 2.3 1.4 1.0 1.0 (e) Central and South America 30.7 31.4 2.8 0.1 28.8 Asia 24.5 25.6 27.1 26.1 22.9 19.0 21.5 18.6 South Africa 4.4 4.5 0.4 0.0 4.0 World 67.9 64.3 70.5 73.2 73.4 73.1 71.8 61.9 Other Africa 0.9 0.8 0.0 0.2 1.0 Africa 5.3 5.3 0.4 0.2 5.0 Iran 2.8 2.5 - - 2.5 Other Middle East - - 0.0 0.1 0.1 Middle East 2.8 2.5 0.0 0.1 2.6 China 716.5 691.4 0.2 0.2 691.4 India 55.2 57.3 0.5 0.0 56.8 Japan 83.9 81.0 0.1 0.1 81.1 South Korea 46.9 47.6 0.0 0.4 48.1 Taiwan, China 14.4 14.4 0.0 0.6 14.9 Other Asia 1.8 1.8 0.5 0.5 1.8 Asia 918.7 893.6 1.3 1.8 894.1 Australia 3.3 3.6 0.0 0.0 3.6 New Zealand 0.7 0.7 0.0 0.0 0.7 Other Oceania - - - 0.0 0.0 Oceania 4.0 4.3 0.0 0.0 4.3 World 1,188.0 1,155.9 13.0 12.9 1,155.8

18 19 IRON ORE WORLD IRON ORE TRADE BY AREA 2014 2015

million tonnes actual weight million tonnes actual weight

= Apparent Exporting Region Production - Exports + Imports Consumption Austria 2.4 0.0 5.1 7.5 Belgium-Luxembourg - 0.0 6.8 6.8 Czech Republic - 0.0 6.3 6.3 France - 0.1 17.1 17.0 Germany 0.4 0.1 43.0 43.4 Italy - 0.0 9.5 9.5 Netherlands - 21.8 29.7 7.9 Poland - 0.1 7.4 7.4 Destination (28) Union European Other Europe CIS NAFTA Other America Africa and Middle East Asia Oceania Total imports of which: extra-regional imports* Romania - 0.0 2.2 2.2 European Union 37.0 4.0 27.1 17.7 54.0 13.2 0.0 - 153.1 116.0 Slovakia - 0.1 6.0 5.9 (28) Spain - 0.0 5.7 5.7 Other Europe 1.3 0.1 4.6 0.7 5.0 0.3 0.5 - 12.5 12.4 Sweden 28.1 23.7 0.0 4.4 United Kingdom - 0.0 14.5 14.5 CIS 0.0 0.0 11.1 - - 0.0 0.0 - 11.1 0.0 Other EU - 2.3 4.4 2.1 European Union (28) 30.9 48.2 157.8 140.6 NAFTA 0.2 0.0 - 8.9 2.9 0.1 0.0 - 12.1 3.2 Bosnia-Herzegovina 2.1 0.4 0.0 1.7 Other America 0.0 - - 1.4 13.7 - 0.0 0.0 15.2 1.5 Norway 3.5 4.0 0.0 -0.5 Africa and Middle Turkey 7.0 1.0 8.5 14.5 5.2 0.0 - 0.2 24.8 0.0 0.6 - 30.8 30.8 East Other Europe - 0.1 0.5 0.5 Europe 43.5 53.6 166.9 156.8 China 0.2 0.2 30.1 8.1 207.6 72.8 26.8 607.6 953.4 926.6 CIS 199.5 78.4 13.7 134.8 Japan 0.0 0.0 1.9 4.4 37.7 6.9 0.1 80.0 131.1 131.0 Canada 44.2 40.3 9.0 12.9 Mexico 17.2 2.3 1.6 16.5 Other Asia 0.0 0.1 0.4 3.8 51.6 6.0 1.7 122.9 186.4 184.7 United States 54.3 12.4 5.1 47.0 Oceania 0.0 - - - 0.1 0.0 1.6 1.1 2.8 1.7 NAFTA 115.7 55.0 15.6 76.4 Brazil 399.4 344.4 0.0 55.0 Total exports 44.1 4.3 75.2 45.2 397.4 99.3 31.2 811.6 1,508.2 1,407.8 Chile 14.5 14.5 - 0.0 of which: extra- Peru 11.6 11.5 - 0.0 7.0 4.2 64.1 36.3 383.7 99.3 2.7 810.5 1,407.8 regional exports* Venezuela 8.0 3.7 - 4.3 Net exports Other America 2.0 1.8 11.9 12.1 -109.0 -8.2 64.1 33.1 382.2 68.6 -1,239.6 808.9 (exports - imports) Central and South America 435.5 375.9 11.9 71.5 Liberia 4.3 5.0 - -0.7 * Excluding intra-regional trade marked Mauritania 13.1 14.6 0.0 -1.5 South Africa 66.9 64.8 0.5 2.6 Other Africa 28.9 20.7 5.0 13.2 Africa 113.2 105.1 5.5 13.5 Middle East 48.5 23.1 26.5 51.9 China (1) 193.2 0.1 933.1 1,126.2 India 129.8 9.8 7.4 127.4 Japan - 0.0 136.4 136.4 South Korea - 0.1 73.5 73.4 Other Asia 28.5 31.3 92.4 89.6 Asia 351.5 41.5 1,242.9 1,553.0 Australia 723.7 754.3 3.0 -27.6 New Zealand and Other Oceania 2.1 2.2 0.0 -0.1 World 2,033.2 1,489.1 1,486.1 2,030.2

(1) Production adjusted so that Fe content is similar to world average. Source: United Nations.

20 21 TRADE IN FERROUS SCRAP WORLD TRADE IN FERROUS SCRAP 2014 AND 2015 BY AREA, 2015

million tonnes million tonnes

Exports Imports Exporting Region 2014 2015 2014 2015 Austria 1.1 1.1 1.2 1.1 Belgium 3.9 3.2 4.8 4.2 Bulgaria 0.4 0.2 0.1 0.1 Czech Republic 2.0 1.8 0.6 0.5 Finland 0.4 0.4 0.1 0.1 France 6.2 5.4 2.5 2.2 Germany 8.4 7.5 5.0 4.2 Greece 0.1 0.0 0.5 0.4

Destination (28) Union European Other Europe CIS NAFTA Other America Africa and Middle East China Japan Other Asia Oceania Total imports of which: extra-regional imports* Italy 0.3 0.3 5.1 4.6 European Union Netherlands 4.0 4.1 1.9 1.6 26.4 1.4 1.3 0.2 0.1 0.1 0.0 0.0 0.0 0.0 29.5 3.1 (28) Poland 2.0 1.4 0.5 0.7 Slovak Republic 0.5 0.5 0.2 0.2 Other Europe 8.9 0.1 3.2 4.2 - 0.5 - - 0.0 0.0 16.9 16.8 Spain 0.6 0.3 4.8 5.0 Sweden 1.4 1.2 0.3 0.3 CIS 0.0 0.0 1.8 0.0 - - - - - 0.0 1.8 0.0 United Kingdom 7.0 7.3 0.4 0.3 Other EU 7.3 5.6 4.0 3.4 NAFTA 0.3 0.0 0.0 5.0 0.0 0.0 - 0.0 0.0 0.0 5.4 0.4 European Union (28) 45.6 40.1 31.9 29.1 Turkey 0.2 0.1 19.1 16.3 Other America 0.0 0.0 0.0 0.5 0.2 0.0 - - 0.0 - 0.7 0.5 Others 1.6 1.4 1.0 0.9 Other Europe 1.8 1.6 20.0 17.1 Africa 1.2 0.0 0.0 0.3 0.0 0.1 - - 0.0 0.0 1.6 1.5 Kazakhstan 0.0 0.0 0.0 0.0 Russia 5.8 5.9 0.3 0.2 Middle East 0.1 0.0 0.0 0.3 0.0 0.1 - 0.0 0.0 0.1 0.7 0.6 Ukraine 0.9 1.2 0.0 0.0 Other CIS 0.0 0.0 1.5 0.3 China 0.1 0.0 0.0 0.1 0.0 0.0 - 1.9 0.1 0.0 2.3 2.3 CIS 6.7 7.1 1.8 0.5 Canada 4.5 3.4 1.5 1.5 Japan 0.0 0.0 0.0 0.0 0.0 0.0 0.0 - 0.1 0.0 0.1 0.1 Mexico 0.7 0.5 0.9 1.5 United States 15.3 13.0 4.2 3.5 Other Asia 2.9 0.1 0.9 5.4 1.4 2.7 0.0 5.9 2.3 2.1 23.6 21.4 NAFTA 20.6 16.8 6.6 6.5 Brazil 0.6 0.7 0.0 0.0 Oceania 0.0 0.0 - 0.0 - 0.0 0.0 - 0.0 0.0 0.0 0.0 Other Central and South America 1.5 1.1 0.6 0.7 Central and South America 2.2 1.8 0.7 0.7 Total exports 39.8 1.6 7.1 16.1 1.8 3.5 0.0 7.8 2.6 2.3 82.6 46.6 South Africa 1.5 1.3 0.1 0.1 Other Africa 0.8 0.7 3.4 1.5 of which: extra-regional 13.5 1.4 5.4 11.1 1.5 3.3 0.0 7.8 0.3 2.3 46.6 Africa 2.3 2.0 3.5 1.6 exports* Middle East 2.0 1.5 1.2 0.7 China 0.0 0.0 2.6 2.3 Net exports (exports- 10.4 -15.3 5.3 10.7 1.0 1.2 -2.3 7.7 -21.0 2.2 Japan 7.4 7.8 0.4 0.1 imports) South Korea 0.3 0.4 8.0 5.8 Taiwan, China 0.1 0.1 4.3 3.4 * Excluding intra-regional trade marked Other Asia 2.7 1.2 14.4 15.1 Asia 10.4 9.6 29.6 26.7 Australia and New Zealand 2.8 2.3 0.0 0.0 World 94.3 82.8 95.3 82.9

22 23 WORLD STEEL TRADE WORLD STEEL EXPORTS, IN PRODUCTS ANALYSIS BY PRODUCT 1975 TO 2015 2010 TO 2015

million tonnes fnished steel million tonnes

500 Exports 2010 2011 2012 2013 2014 2015 Year Exports Production 450 share % Ingots and semi-fnished material 58.7 57.7 58.5 54.1 54.3 51.5 1975 114.7 506.9 22.6 Railway track material 3.1 2.9 2.6 3.0 2.2 2.1 400 1980 140.6 578.7 24.3 Angles, shapes and sections 18.8 21.0 21.8 22.1 24.6 21.7 1985 171.0 599.0 28.5 350 Concrete re-inforcing bars 18.1 17.5 21.9 18.9 22.2 18.9 1990 171.0 654.0 26.2 300 1991 177.1 660.1 26.8 Bars and rods, hot-rolled 11.6 13.6 15.4 18.1 29.7 40.7 Wire rod 20.0 21.8 23.2 24.2 29.4 29.0 250 1992 196.1 658.2 29.8 1993 222.5 665.0 33.5 Drawn wire 6.9 7.5 7.6 7.7 8.9 8.4 200 1994 238.6 656.3 36.3 Other bars and rods 4.4 5.4 4.9 4.9 6.0 5.3 150 1995 246.6 685.7 36.0 Hot-rolled strip 4.3 3.2 3.1 3.0 3.3 2.9 1996 236.4 687.2 34.4 Cold-rolled strip 3.7 3.7 3.6 3.5 4.1 3.8 100 1997 267.9 730.3 36.7 Hot-rolled sheets and coils 65.3 63.4 64.4 67.3 75.8 77.8 50 1998 268.7 713.5 37.7 Plates 29.1 32.9 31.0 29.0 34.5 30.1 1999 280.8 725.8 38.7 0 Cold-rolled sheets and coils 33.9 34.4 32.7 33.0 37.2 32.8 2000 307.1 783.5 39.2 1975 1980 1985 1990 1995 2000 2005 2010 2015 Electrical sheet and strip 4.3 4.6 4.3 4.0 4.2 4.1 2001 300.4 785.8 38.2 2002 319.0 837.0 38.1 Tinmill products 6.6 6.4 6.2 6.4 6.7 6.3 Exports are of finished and 2003 332.3 899.0 37.0 Galvanised sheet 35.1 36.1 36.1 37.1 40.7 37.6 semi-finished steel products. 2004 366.2 985.4 37.2 Other coated sheet 11.9 14.5 15.2 15.4 17.9 16.3 Production of finished steel, 2005 374.3 1,065.3 35.1 Steel tubes and fttings 36.1 41.4 41.6 39.7 43.6 35.3 2006 419.7 1,161.0 36.1 Wheels (forged and rolled) and axles 0.8 0.7 0.8 0.9 0.8 0.8 where not available from national 2007 446.9 1,253.5 35.6 Castings 0.5 0.7 0.7 0.7 0.9 0.8 sources, is calculated from 2008 437.1 1,248.7 35.0 Forgings 0.7 0.7 0.7 0.7 0.8 0.7 2009 330.1 1,154.2 28.6 crude steel production, taking Other 0.0 0.0 0.0 0.0 0.0 0.0 2010 392.9 1,335.9 29.4 into account the continuous Total 374.0 389.9 396.4 393.8 447.7 426.9 2011 419.1 1,433.6 29.2 casting ratio. 2012 416.0 1,456.0 28.6 2013 412.6 1,540.4 26.8 Exports in World Steel in Figures include intra-EU trade, trade between 2014 455.3 1,557.9 29.2 2015 463.7 1,511.3 30.7 countries of the CIS, and trade between NAFTA countries. The figures are based on a broad definition of the steel industry and its products, WORLD VOLUME OF TRADE including ingots, semi-finished products, hot-rolled and cold-finished products, tubes, wire, and unworked castings and forgings. 2000 TO 2015 The above table comprises the exports of 62 countries, which Quantum indices 2000 = 100 represents approximately 92 per cent of total world trade in 2015. 300 280 steel-containing manufactured goods 260 steel 240 all commodities 220 200 180 160 140 120 100 80

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

24 25 WORLD STEEL TRADE BY AREA MAJOR IMPORTERS AND 2015 EXPORTERS OF STEEL 2015

million tonnes million tonnes

Exporting Region Rank Total Exports Mt Rank Total Imports Mt 1 China 111.6 1 European Union (28) (1) 37.7 2 Japan 40.8 2 United States 36.5 3 European Union (28) (1) 33.8 3 Germany (2) 24.8 4 South Korea 31.2 4 South Korea 21.7 5 Russia 29.7 5 Italy (2) 19.9 6 Germany (2) 25.1 6 Turkey 18.6 7 Ukraine 17.7 7 Viet Nam 16.3 8 Italy (2) 16.5 8 Thailand 14.6 (2) (2) Destination (28) Union European Other Europe CIS NAFTA Other America Africa and Middle East China Japan Other Asia Oceania Total imports of which: extra-regional imports* 9 Belgium 15.2 9 France 13.7 European Union 10 Turkey 15.0 10 India 13.3 106.4 5.5 14.5 0.4 2.0 1.4 8.5 0.3 4.9 0.1 144.1 37.7 (28) 11 France (2) 14.0 11 China 13.2 12 Brazil 13.7 12 Mexico 12.7 Other Europe 10.3 0.7 8.8 0.0 1.0 0.1 3.2 0.4 1.3 0.0 25.8 25.2 13 Taiwan, China 11.2 13 Belgium (2) 12.1 14 Netherlands (2) 10.6 14 Indonesia 11.4 CIS 1.3 0.4 8.7 0.0 0.0 0.0 1.6 0.1 0.3 0.0 12.5 3.7 15 United States 10.0 15 Poland (2) 9.2 16 Spain (2) 9.6 16 Spain (2) 8.9 NAFTA 7.3 2.5 3.1 17.4 6.4 0.6 4.4 4.3 9.1 0.4 55.5 38.1 17 India 7.6 17 Canada 8.0 18 Austria (2) 7.4 18 Egypt 7.9 Other America 1.4 1.1 0.6 1.3 2.9 0.0 8.4 1.4 1.3 0.0 18.3 15.5 19 United Kingdom (2) 7.3 19 Taiwan, China 7.5 20 Canada 6.0 20 United Kingdom (2) 7.2 Africa 7.3 3.2 6.8 0.2 0.4 1.6 9.2 1.3 1.4 0.0 31.3 29.7

Middle East 1.8 4.9 4.7 0.1 0.2 0.0 10.7 1.7 4.9 0.1 29.1 29.1 Net Exports Net Imports China 1.3 0.2 0.0 0.1 0.1 0.0 - 5.2 6.1 0.0 13.2 13.2 Rank Mt Rank Mt (exports - imports) (imports - exports) 1 China 98.4 1 United States 26.5 Japan 0.1 0.0 0.0 0.0 0.0 0.0 1.3 - 4.5 0.0 5.9 5.9 2 Japan 34.9 2 Viet Nam 14.9 3 Russia 25.3 3 Thailand 13.4 Other Asia 2.9 0.1 4.4 0.4 1.7 0.8 63.5 25.9 23.0 0.3 122.9 99.9 4 Ukraine 16.9 4 Indonesia 9.4 5 Brazil 10.5 5 Mexico 8.6 Oceania 0.2 0.0 0.0 0.0 0.0 0.1 0.8 0.2 2.2 0.3 3.8 3.5 6 South Korea 9.5 6 Egypt 7.7 7 Netherlands (2) 3.8 7 Saudi Arabia 6.4 Total exports 140.2 18.5 51.7 19.9 14.8 4.7 111.6 40.8 59.0 1.2 462.4 301.4 8 Taiwan, China 3.7 8 Algeria 6.4 of which: 9 Austria (2) 3.2 9 United Arab Emirates 6.0 extra-regional 33.8 17.8 43.0 2.5 11.9 3.1 111.6 40.8 36.0 0.9 301.4 10 Belgium (2) 3.1 10 India 5.7 exports* 11 Slovakia (2) 2.2 11 Poland (2) 4.1 Net exports 12 Luxembourg 1.8 12 Bangladesh 4.0 (exports- -3.9 -7.3 39.2 -35.6 -3.5 -55.7 98.4 34.9 -63.9 -2.6 13 Singapore 1.7 13 European Union (28) (1) 3.9 imports) 14 Kazakhstan 1.2 14 Iran 3.8 15 Finland (2) 0.9 15 Turkey 3.7 * Excluding intra-regional trade marked (1) Excluding intra-regional trade (2) Data for individual European Union (28) countries include intra-European trade

26 27 INDIRECT TRADE IN STEEL TRUE STEEL USE 2000 TO 2014 2008 TO 2014

million tonnes, fnished steel equivalent

Mt Indirect exports, Mt % Year Indirect Exports, Mt Indirect exports as a percentage 2008 2009 2010 2011 2012 2013 2014 350 80 of exports of steel products, % 2000 171.2 Germany 33.0 22.2 29.9 32.8 28.6 28.3 29.4

300 75 2001 177.3 France 18.4 14.2 16.0 17.9 15.8 15.9 15.8 2002 186.6 Italy 28.5 17.5 22.6 22.3 15.4 15.5 15.8 250 Spain 16.9 9.7 11.9 10.3 7.4 8.7 9.3 70 2003 198.0 200 United Kingdom 17.0 10.7 13.7 14.0 13.4 14.1 16.2 2004 223.5 65 European Union (28) 179.4 115.5 141.1 146.8 123.6 126.3 135.7 150 2005 248.8 Turkey 18.7 16.2 22.3 25.9 27.1 29.8 28.4 60 100 2006 269.2 Other Europe 26.7 21.8 28.9 32.8 34.4 37.2 36.0 2007 291.5 Russia 44.4 28.1 42.8 50.5 52.4 52.3 50.5 55 50 2008 302.5 CIS 58.2 37.2 53.1 62.3 65.5 65.7 61.3 Canada 20.2 14.0 20.0 20.7 22.6 21.8 23.3 0 50 2009 230.8 Mexico 17.7 14.5 16.6 17.5 19.1 17.2 19.4 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2010 284.7 United States 111.3 68.9 91.2 101.6 112.5 113.5 123.8 2011 323.1 NAFTA 149.1 97.3 127.8 139.9 154.2 152.4 166.4 Indirect trade in steel takes place through 2012 319.8 Brazil 23.8 19.1 28.1 28.1 28.5 30.4 27.9 exports and imports of steel containing goods 2013 314.7 South America 45.2 34.9 48.7 52.2 53.6 55.4 51.6 and is expressed in finished steel equivalent of 2014 319.3 Africa and Middle East 76.9 72.6 73.4 80.5 82.1 84.7 88.4 products used. China 399.7 515.7 537.4 583.4 603.5 680.5 655.6 Japan 55.2 36.7 43.0 43.8 44.0 48.1 52.1 Further explanation on definitions and methodology of indirect trade in steel South Korea 44.2 29.1 33.8 35.6 35.1 35.6 39.3 can be found in Indirect Trade in Steel report (March 2015) on worldsteel.org. Asia and Oceania 628.4 703.9 760.2 815.5 847.9 935.3 920.5 Total (1) 1,163.9 1,083.3 1,233.2 1,330.0 1,361.3 1,457.0 1,460.0 MAJOR INDIRECT IMPORTERS (1) Total comprises 74 countries, the most signifcant users of steel products worldwide Note: True steel use (TSU) is obtained by subtracting net indirect AND EXPORTERS OF STEEL exports of steel from apparent steel use (ASU). 2014 million tonnes, fnished steel equivalent APPARENT AND TRUE STEEL USE Rank Indirect Exports Mt Rank Indirect Imports Mt PER CAPITA, 2014 1 China 67.5 1 United States 39.1 2 Germany* 32.1 2 Germany* 21.8 3 Japan 23.0 3 China 12.3 kilogrammes, fnished steel equivalent 4 United States 22.3 4 Canada 12.2 5 South Korea 22.3 5 United Kingdom* 11.4 South Korea 6 Mexico 13.9 6 France* 11.2 Canada 7 Italy* 13.0 7 Mexico 10.3 China 8 Poland* 9.1 8 Russia 9.4 Japan 9 Spain* 8.9 9 Belgium-Luxembourg* 7.8 United States 10 France* 7.9 10 Japan 7.4 Turkey Germany Net Indirect Exports Net Indirect Imports Rank Mt Rank Mt Russia (exports - imports) (imports - exports) Italy 1 China 55.1 1 United States 16.8 United Kingdom 2 South Korea 16.2 2 Russia 7.5 France 3 Japan 15.6 3 Canada 6.4 True steel use per capita Spain 4 Germany* 10.3 4 United Kingdom* 5.5 Apparent steel use per capita Mexico 5 Italy* 6.2 5 Australia 4.8 Brazil * Data for individual European Union (28) countries include intra-European trade 0 200 400 600800 1,0001,200 28 29 ABOUT WORLDSTEEL

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