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21 Apr
12:50

China acceleration lifts March global steel output

Global crude steel production growth picked up in March, inching up 1.7% on-year to 165.1 million tonnes, thanks to solid Chinese growth. This was also up 16% on February, Kallanish notes from worldsteel data. The association has revised February output growth to 0% on-year versus the initial indication of a 1% on-year decline. Chinese output rose 7% on-year in March to 95.73mt, while Indian production grew 2.7% to 11.4mt. Japanese output fell 6% to 7.49mt, but S…
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