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22 Aug
12:47

Chinese surge lifts global steel output in July

Global crude steel output increased 6.6% on-year in July to 158.5 million tonnes, as Chinese output surged and US production remained stable, Kallanish notes from worldsteel data. It was however down 0.5% on June. Chinese steel output was up 11.5% on-year in July to 90.8mt, while Indian output grew 14% to 11.48mt. Japanese output was up 1% to 7.39mt but South Korean production fell 9% to 5.7mt. Compared to June, however, Chinese output was slightly down. EU27 out…
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