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21 Sep
16:25

Chinese output hike leads global crude steel growth

The World Steel Association (worldsteel) says that global crude steel output from its 67 reporting countries was 143.6 million tonnes in August 2017, up 6.3% year-on-year, Kallanish notes. Capacity utilisation within the reporting countries also rose y-o-y again during the month, but dipped compared to July 2017. China produced 74.6mt in the month, an increase of 8.7% on August 2016 and still representing over half of the world’s crude steel outp…
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