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23 Jul
12:34

India, EU prop up June steel production growth

Global crude steel production inched up 0.5% on-year in June to 161.4 million tonnes – but fell 2% versus May – as Indian and EU production growth offset declines in the US, Japan and Korea, Kallanish notes. Chinese output rose 0.2% on-year to 91.6mt, but was down on-month, while Indian output grew 6% on-year to 12.3mt, and was also up on-month. Japanese and Korean production fell 4.2% and 7.2% respectively to 7mt and 5.1mt, according to worldsteel dat…
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