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23 Feb
14:41

Global crude steel production falls again in January

The World Steel Association (worldsteel) says that global crude steel output was 128 million tonnes in January 2016, a -7.1% decrease compared to January 2015, Kallanish notes. China produced 63.2mt in the month, a decrease of -7.8% on January 2015. This is still 49.4% of world output but looks like it signals another hard year for the world’s largest steelmaking country by far. In the EU28 total January crude steel production decreased by -7.6% y-on-y …
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