Industry News

Global crude steel production decreases in Jul

Views : 50
Update time : 2024-08-23 18:46:40
According to the World Steel Association, crude steel production across 71 countries dropped by 4.7% year on year in July, totaling 152.8 million tons. Among them, China, the world's largest steel producer, reported an output of 82.9 million tons, marking a 9% decrease from the previous year.

In contrast, India saw a 6.8% increase, producing 12.3 million tons. Japan's production fell by 3.8% to 7.1 million tons, while the U.S. experienced a 2.1% decline, with 6.9 million tons produced. Russia's output dropped by 3.1% to 6.3 million tons, and South Korea's production decreased by 3.4% to 5.5 million tons.

Germany and Turkey, however, saw increases of 4.8% and 4%, respectively. Brazil recorded the largest growth, with an 11.6% rise to 3.1 million tons. Overall, steel production across 71 countries fell by 0.7% in the first seven months of 2024, reaching 1.1 billion tons.
Related News
Read More >>
China’s alumina and primary aluminium prices continue to decline over the last weekend of 2024 China’s alumina and primary aluminium prices continue to decline over the last weekend of 2024
Dec .31.2024
China’s alumina and primary aluminium prices continue to decline over the last weekend of 2024
Rethinking solar costs: Aluminium frames redefine PV industry margins Rethinking solar costs: Aluminium frames redefine PV industry margins
Dec .31.2024
Rethinking solar costs: Aluminium frames redefine PV industry margins
2024 concludes in Shanghai Metals Market eventfully! Find out which aluminium pricing went which way 2024 concludes in Shanghai Metals Market eventfully! Find out which aluminium pricing went which way
Dec .31.2024
2024 concludes in Shanghai Metals Market eventfully! Find out which aluminium pricing went which way
World alumina production grows 1.9% Y-o-Y during Jan-Nov 2024, partially affected by output curtail at Alcoa’s Kwinana refinery World alumina production grows 1.9% Y-o-Y during Jan-Nov 2024, partially affected by output curtail at Alcoa’s Kwinana refinery
Dec .31.2024
World alumina production grows 1.9% Y-o-Y during Jan-Nov 2024, partially affected by output curtail at Alcoa’s Kwinana refinery