Steel markets - world

Global steel consumption by region, 1996 - 2006

Based on apparent consumption of finished steel

Region/country

1996
'000 tonnes

2006
'000 tonnes

% change
2006 on  1996

1 EU 27

129,503

182,958

41%

2 Other Europe

18,954

35,043

85%

3 CIS

26,687

50,049

88%

4 NAFTA

128,274

157,729

23%

5 Other Americas

24,369

35,639

46%

6 Africa

12,506

26,939

115%

7 Middle East

14,811

36,724

148%

8 China

100,741

357,418

255%

9 Asia excl. China

198,988

240,124

21%

10 Oceania

6,689

7,264

9%

Total world

 661,524

 1,130,488

71%

Source: International Iron and Steel Institute

Top eight steel trading countries 2007 (exports and imports)

Exports

     

 Country

 Rank

Million tonnes

% change
2007 on 2006 

 China

 1

65.2

+33% 

 Japan

 2

35.9

+5% 

 EU 27

 3

32.4

0%

 Ukraine

 4

29.9

-1%

 Russia

 5

29.2

-6%

South Korea

 6

18.1

+5%

 Turkey

 7

14.0

+8%

 Taiwan

 8

10.9

+5%

 Imports

Country

Rank

Million tonnes

% change
2007 on 2006

EU 27

1

48.5

+23%

USA

2

29.5

-27%

South Korea

3

25.7

+17%

China

4

16.9

-9%

Turkey

5

13.6

+12%

Iran

6

12.0

+60%

UAE

7

9.6

+34%

Thailand

8

9.6

-10%

 Source: ISSB.  Turkish figures are estimated due to data suppression since June 2006.

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