Language Language
Company News Industry News
  • Contact:Minister Xu
  • Mobile:13841408476
  • Tel:024-44837288
  • Fax:024-44837004
  • E-mail:xuming58@126.com
  • Web:m.natashaterry.com
  • Address:No.110 XiangHuai Road
    Benxi Economic Development Zone
    Liaoning Province

Global Steel Output Moderating, Still Strong

02 Jan,2018

Production declined 6.0% from October to November, but annual volume continued to expand, now up 4.3% YTD.


Steel production declined 6.0% from October to November, totaling 136.3 million metric tons in the latest total reported by the World Steel Assn. The new figure represents a 3.7% year-over-year increase, and brings the global raw-steel production total through November to 1.54 billion metric tons, a 4.3% year-to-date improvement.


World Steel reports raw-steel output and capacity utilization for 66 nations. Raw (or crude) steel is the product of basic oxygen furnaces and electric arc furnaces, and cast into semi-finished products, such as slabs, blooms, or billets. The monthly report covers carbon and carbon alloy steels; data for production of stainless and specialty alloy steels are reported separately.