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26 Jan
17:37

EU, Chinese output finishes 2020 strongly, India accelerates

Crude steel production in the 64 countries reporting to the World Steel Association (worldsteel) rose 5.8% on-year in December to 160.86 million tonnes, slowing slightly from November growth, Kallanish notes. Output in 2020 was nevertheless still down -0.9% on-year to 1.83 billion tonnes, although this was a far more moderate drop than many expected at the outbreak of Covid-19. Chinese output rose 7.7% in December to 91.25mt, while Indian production accelerated fu…
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