27
May
22:27
Chinese surge drives global steel output growth
Global steel output from the 64 countries reporting to worldsteel rose 6.4% on-year in April to 156.7 million tonnes. This was driven by a 12.7% surge in Chinese output to 85mt, Kallanish learns from worldsteel.
Indian production increased 1.5% to 8.8mt but output in Japan fell -0.8% to 8.6mt. South Korean production rose 1.4% to 6mt. This meant overall Asian crude steel output grew 9.5% in April to 112.2mt.
EU28 output, meanwhile, declined -4.2% in April to …
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Anonymous
Very good overview of the weekly steel market.
Anonymous