UK

Crude Steel Production

UK crude steel production fell between 1997 and 2002 before stabilising at around 13-14 million tonnes per year over 2003-2008. As elsewhere recesssion led to production being cut back sharply in the later half of 2008 with output reaching a low point in December before starting a steady recovery through 2009. Although the Teesside plant was mothballed in Febraury 2010, UK year to date crude steel production remains up by over 20% on 2009 levels.

Steel Demand

UK demand for steel fell by more than domestic production in 2009 as imports fell more sharply than either exports or domestic deliveries. Quarterly demand reached a low point in the first quarter of 2009, while demand in the first quarter of 2010 had risen by 40% on that low.

Trade in Steel

Despite UK import and export levels being relatively high in relation to domestic production and demand levels the UK has been a net exporter of steel since 2007. With exports falling by less than imports this trade surplus approached 2 million tonnes in 2009.

Below we show the geographical split of UK steel exports and imports over 2008 and 2009.

If you want to know more about the UK steel market, or UK exports and imports of steel and steelmaking raw materials please contact or use our NEW on-line Trade Enquiry System.