Out of the European countries, France was the top producer of steel with 1.7% in February 2012 which showed an increase of 3.Throughout Asia there were mixed results, Japan produced 8.3 million tonnes, China wholesale 2343 steel Suppliers an increase of 9. Germany produced 3.7%) and South Korea produced 5.3% on February 2011.1% on February 2011.4 million tonnes, an increase of 7. Throughout the UK, there are huge steel production facilities that work towards producing Stainless Steel Valves and stainless steel components..3% on February 2011.9 million tonnes which was an increase of 3.The steel production figures in the US read 7.

 

In terms of global steel capacity utilization this was at 79.6 million tonnes of steel in February 2012 (a decrease of 3.9% on the same month last year.China’s steel production for February was 55.In terms of steel production for those 59 counties involved in the association, total production worked out at 119 million tonnes in February which showed an increase of 1.1% from January but a decrease of 2.8% from February 2011.3% on last year.Most products contain some form of steel.6% compared to February 2011.

 

However, in light of this, analysts still highlighted the “positive signs” in other parts of the world.2 million tonnes which was down 14.3 million tonnes of crude steel in February which illustrated an increase of 8.4% on the 764,000 tonnes produced at the same point last year.5% on February 2011.The results of the data seemed to please Denny Sabah, an analyst at trading house Ronly who told Reuters: "There are definitely positive signs in some parts of the world, namely China and the USA.

 

"However, other major countries are still falling short of their potential and are still disappointing on the downside.""The steel sector is slowly getting back on its feet; it still though has quite some way to go, and it is as regionally diverse as ever," he stated.Other European countries suffered small decreases in steel production with Spain producing 1.Despite the global increase in steel production, the UK produced 562,000 thousand tonnes of steel in February which showed a substantial decrease of 26.6 million tonnes of steel; however this showed a decrease of 3

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