Economy
February 27, 2020
WSA: World Steel Production Up 2.1 Percent in January
Written by Tim Triplett
World crude steel production totaled 154.4 million metric tons in January, a 2.1 percent increase compared to January 2019, reported the World Steel Association in Brussels.
China’s crude steel production for January totaled 84.3 million tons, an increase of 7.2 percent compared to January 2019. Steel output in February will be hurt by the COVID-19 virus, but the China Iron and Steel Association still forecasts a cumulative increase in steel production for January and February of around 2 percent.
