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September 30, 2019

China, India Boost Output As Global Steel Production Rises

 

  • As FastmarketsAMM reported, global crude steel production totaled 156.04 million tons in August 2019, up 3.4 percent from August 2018. Production from China rose 9.3 percent while production in India increased 1.5 percent. Output in Brazil (-13.6 percent), Turkey (-12.4 percent), Japan (-7.8 percent), Russia (-4.0 percent), South Korea (-2.6 percent) and the European Union (-2.2 percent) fell, but production in the United States increased 0.3 percent.