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25 Jan
20:43

Global output sees December decline, slight full-year growth

Global crude steel production closed out 2021 with a decline of 3% on-year in December to 158.74 million tonnes, as China and the EU both saw reduced output, worldsteel data show. Full-year 2021 production still inched up 3.6% on-year to 1.91 billion tonnes, but slowed from the 14% growth seen after the first half-year, Kallanish notes. December was the fifth consecutive month to see a decline in crude steel production across the 64 countries report…
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