Steel production worldwide totaled 134.1 million metric tons during August, rising only slightly (0.2%) from the July result and a bit higher (1.95%) than the August 2015 figure. Global raw-steel capacity utilization during August was just 68.5%, just 0.1% higher than the utilization rate for July, and 0.5% less than the rate during August 2015.
The data is drawn from the monthly summary issued by the World Steel Association, which tracks steel production and capacity utilization rates across its 66 member nations.
