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    Economy

    Global Steel Production in December 2013

    Written by Peter Wright


    Global steel production in December was 129.2 million tonnes, an increase of 0.8 percent from November and of 6.3 percent from December 2102 according to the World Steel Association. The decline in the 2nd half of 2013 was much less than occurred in the previous three years. Capacity utilization in December was 74.7 percent. The annualized three month moving average of production was 1.566 billion tonnes in December (Figure 1).

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