
World crude steel production fell to 154.8 million tonnes in August 2021, down 1.4 percent from a year earlier, the World Steel Association reported in September. It was the fourth consecutive monthly decline in absolute terms and the first year-on-year fall since the early months of the pandemic. China produced 83.2 million tonnes, down 13.2 percent year on year and 4.1 percent from July, as production curbs and power restrictions bit deeper. In the first eight months of 2021, world output reached 1.32 billion tonnes, up 10.6 percent year on year, while China produced 733.0 million tonnes, up 5.3 percent. The August figures showed the two halves of the year clearly: a first half of record output, and a second half in which Beijing's curbs pulled global production down month after month. Outside China, most producers were still growing strongly, with the European Union, the United States and India all well above their 2020 levels.
Source: American Machinist — https://www.americanmachinist.com/news/article/21176533/global-steel-tonnage-still-declining-world-steel-assn
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