The global crude steel production rebound stuttered in October. After rising in September for the first time since July 2021, output in the 64 countries reporting to the World Steel Association (worldsteel) was flat on-year in October at 147.3 million tonnes, Kallanish notes.
This came despite an 11% surge in Chinese production to 79.76mt in October. This figure was nevertheless down 9% from September. Indian output rose 3% on-year to 10.45mt. However, Japane…
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