
Global crude steel production reached 158.3 million tonnes in November 2020, up 6.6% on November 2019, the World Steel Association reported on 22 December. The total was 3.1% lower than in October, but the year-on-year gain confirmed that the recovery which began in the third quarter was holding. China again drove the result, producing 87.7 million tonnes, up 8.0% on the year, and accounting for more than half of world output. For January to November, Chinese production totalled 961.2 million tonnes, 5.5% ahead of 2019. The picture elsewhere was more mixed: US output fell 13.7% year on year to 6.1 million tonnes, and North American production as a whole dropped 10.8%, while India grew 3.5% to 9.2 million tonnes. Over the first eleven months of 2020, global output of 1.67 billion tonnes was still 1.3% below the same period of 2019.
Source: American Machinist — https://www.americanmachinist.com/news/media-gallery/21151141/november-2020-global-steel-production-pauses-again-world-steel-assn
Photo: Wikimedia Commons (freely licensed).
