SHANGHAI, Jun 23 (SMM) – Global crude steel production increased 9.1% to 148.8 million mt in May from a month earlier, to produce a year-over-year decline of 8.7%, according to SMM calculation based on data from the World Steel Association (Worldsteel) released Monday.
In April, crude steel production for the 64 countries reporting to the Worldsteel dropped 13.4% year on year to 136.4 million mt.
Data from the Worldsteel also showed that China’s crude steel production increased 4.2% year on year to 92.3 million mt in May.
