23
Jul
10:59
Global steel output growth slows on China deceleration
Crude steel production in the 64 countries reporting to the World Steel Association (worldsteel) grew 11.6% on-year in June to 167.92 million tonnes, Kallanish notes. This represented a slight slowdown in growth rate due to slowing Chinese output growth. Production was also down 4% on May.
Chinese production grew only 1.5% on-year in June to 93.88mt, while Indian output surged 21% to 9.36mt. Output in Japan and South Korea surged 44% and 17% respectively to 8.1mt …
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Anonymous
Very good overview of the weekly steel market.
Anonymous