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China steel production eases

Production of crude steel globally rose 3.3% in July, year-on-year, according to the World Steel Association (worldsteel).

The July total of 161.7 million tonnes (Mt) was, as ever, dominated by China produced 86.8 Mt in July 2021 but that country’s total was down 8.4% on July 2020. On the other hand, India’s total rose by 13.3% to 9.8 Mt. Significant rises were also reported by Japan (8.0 Mt, up 32.5%), the United States (7.5 Mt, up 37.9%), Russia (estimate: 6.7 Mt up 13.4%), South Korea 6.1 Mt, up 10.8%), Germany (3.0 Mt, up 24.7%), Turkey 3.2 Mt, up 2.5%), Brazil (3.0 Mt, up 14.5%) and Iran (estimate: 2.6 Mt, up 9.0%).

Set out by region, Asia and Oceania’s total of 116.4 Mt was down 2.5% but all other regions grew with North America and the EU (27) both recording growth of ver 30%. The June total for the 64 countries reporting to worldsteel was 167.9 million tonnes (Mt), an 11.6% increase compared to June 2020 and more than 6Mt higher than July.

China produced 93.9 Mt, up 1.5% on June 2020; India produced 9.4 Mt, up 21.4%; Japan produced 8.1 Mt, up 44.4%; the United States produced 7.1 Mt, up 44.4%; Russia is estimated to have produced 6.4 Mt, up 11.4%; South Korea produced 6.0 Mt, up 17.3%; Germany produced 3.4 Mt, up 38.2%; Turkey produced 3.4 Mt, up 17.9%; Brazil produced 3.1 Mt, up 45.2%; Iran is estimated to have produced 2.5 Mt, up 1.9%.

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