China’s Jan production of crude steel expands 4.3% from a year ago: worldsteel

SHANGHAI, Feb 27 (SMM) – The World Steel Association (worldsteel) reported on Tuesday February 26 that output of crude steel across 64 countries totaled 146.7 million mt in January, up 1% from a year earlier.

China’s crude steel production for January rose 4.3% year on year and stood at 75 million mt, with India’s output down 1.9% from January 2018 to 9.2 million mt.

Japan produced 8.1 million of crude steel last month, down 9.8% year on year. South Korea’s output came in at 6.2 million mt, with a year-over-year decline of 1.5%.