21
Jun
12:22
India fails to prevent global output decline
The global steel production decline deepened in May to 5.1% on-year, giving 161.59 million tonnes, with only India, the Middle East and Africa registering significant growth, Kallanish notes from worldsteel data.
Chinese output dropped 7.3% to 90.1mt, while Japan and South Korea saw production fall 5% and 0.1% respectively to 7.65mt and 5.8mt. India, so often the lone bright spot in recent months, again provided rarely-seen growth impetus in May, with production r…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous