According to the World Steel Association (worldsteel), steel production in the North American region in May 2020 decreased by 31% compared to the same period last year. Production fell from 10.304 million tonnes in May 2019 to 7.113 million tonnes in May this year. All countries in the region, with the exception of El Salvador, recorded a marked decline in steel production during the month.
The United States was the leading steel producer in the region. The country’s monthly production was nearly 37% year on year, from 7.553 million tonnes to 4.790 million tonnes. Production in Mexico fell sharply by 13.2% to 1,450 million tonnes in May this year. In May last year, the volume of production in the district amounted to 1.670 million tons. In third place was Canada, which showed a decline of 19.6% on an annualized basis. Canada’s monthly steel production was 830,000 tonnes.
The production of other countries in the region is as follows: Guatemala (20,000 tons), Cuba (15,000 tons) and El Salvador (8,000 tons).
During the first five months of this year, the region produced 43.638 million tonnes of steel. This compares with 51.096 million tons of production in January-May 19. The leading steel producers in the region were the United States (31.330 million tonnes), Mexico (7.256 million tonnes) and Canada (4.818 million tonnes). The region accounted for almost 6% of total global steel production in the first five months of 2020, at 728.715 million tonnes.