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Home » News » Global Steel Production Rises 2.9% in September as Recovery...

Global Steel Production Rises 2.9% in September as Recovery Widens

2020-09-30

Carrie blast furnaces in Pittsburgh, USA

World crude steel production rose 2.9% year on year to 156.4 million tonnes in September 2020, the World Steel Association reported, as the recovery in steelmaking spread beyond China. It was a stronger monthly performance than in August, when global output had risen only 0.6%. China again led the way, producing 92.6 million tonnes, up 10.9% on September 2019. For the first nine months of 2020, world production totalled 1,347.4 million tonnes, still down 3.2% on the same period in 2019, while China's output over the same period was up 4.5% at almost 782 million tonnes. Other major producers remained below year-earlier levels but were closing the gap. India produced 8.5 million tonnes in September, down 2.9%, a much smaller fall than in the spring, and the United States made 5.7 million tonnes, down 18.5%. Brazil was one of the few countries outside China to grow, with output of 2.57 million tonnes, up 7.5%. The figures suggested that steel demand was recovering in more regions, even though the industry as a whole had not yet made up the ground lost during the first half of the year.

Source: World Steel Association — http://www.acero.org.ar/wp-content/uploads/2020/10/September20202020crude20steel20production.pdf

Photo: Wikimedia Commons (freely licensed).