22
Jul
12:13
Global output decline, Indian trend bucking continues
Crude steel production in the 64 countries reporting to the World Steel Association (worldsteel) dropped for an 11th consecutive month on-year in June, by 5.9% to 158.08 million tonnes. India continued to buck the trend, Kallanish notes.
Chinese output fell 3.3% on-year to 90.73mt, and slid 6% versus May. Indian output however rose 6.3% on-year to 9.97mt, but this was down 6% on May. Japan and South Korea saw production slide 8% and an estimated 6% respe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous