24
Aug
20:26
China, Turkey offset on-year crude production declines
US world crude output in the 64 countries reporting to the World Steel Association (worldsteel) fell by -2.5% on-year in July, partially offset by gains in China and Turkey, Kallanish reports.
Total crude output for the reporting countries was 152.7 million tonnes.
China’s output increased 9.1% on-month to 93.4mt, while Japan’s output fell by -27.9% to 6mt and South Korea’s output fell by -8.3% to 5.5mt.
Germany’s output…
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Anonymous
Very good overview of the weekly steel market.
Anonymous