20
Jul
20:18
Global steel output flattens on-year in June
The World Steel Association (worldsteel) says that global crude steel output from the 68 reporting countries was 136 million tonnes in June 2016, the same figure as in June 2015, Kallanish notes.
China produced 69.5mt in the month, an increase of 1.7% on June 2015. This is now over 51% of world output and still signals that capacity reductions being implemented are having minimal effect on production. China is now producing one hundred times more crude steel tha…
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Anonymous
Very good overview of the weekly steel market.
Anonymous