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22 Dec
12:37

Global output slows further in November

Crude steel production in the 64 countries reporting to the World Steel Association (worldsteel) fell for a fourth consecutive month in November, by 9.9% on-year to 143.3 million tonnes. This was again the result of China, despite US and EU output growing, Kallanish notes. On an on-month basis, global output was down 2%. Chinese crude steel output slumped 22% on-year in November to 69.3mt. Indian, Japanese and South Korean production however rose 2.2%, 10.7% and …
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