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The World Steel Association (worldsteel) says that global crude steel output from its 67 reporting countries was 148.3 million tonnes in March 2018, up 4% year-on-year. Capacity utilisation also rose on-year again during the month.
China produced 74mt in the month, an increase of 4.5% on March 2017 and just about half of the world’s crude steel output.
In the EU28 total March crude steel production was practically static, rising by just 0.5% y-on-y to 15.1mt. Estimated output in Germany hardly moved y-on-y at 3.9mt. Monthly production grew y-on-y in Italy by 1.0% to 2.3mt. French crude steel output rose on-year in March by 1.5% to 1.4mt. Spanish output was down by -4.1% to 1.3mt.
US crude steel output was 7.3mt in March 2018, an on-year increase of 5.3% whilst in Brazil crude steel production was 3.1mt, up by 7.6% on March 2017.
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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
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