China, India push up global steel output by 1.4% in July

NEW DELHI: Global steel production rose 1.4% to 133.7 million tonnes (MT) last month, compared to the same period last year, helped by increased output in top producing countries, including China, Japan and India, latest data by the World Steel Association showed. China produced 66.8 MT of crude steel in July, a 2.6% increase, compared to the year-ago period. Elsewhere in Asia, Japan produced 8.9 MT, an increase of 0.5%, against the same period last year.

India, on the other hand, produced 8.1 MT of crude steel last month, up 8.1%, against the year-ago period, while South Korea’s crude steel production was 6.0 MT, a gain of 1.5% from last year. PTI