India’s crude steel output grows by 3.7% in August 2018
October 2, 2018
According to the World Steel Association (worldsteel), the global industry body, India produced 8.8 million tonne (mt) of crude steel in August 2018, up by 3.7 per cent over the same period last year. The country had produced 8.5 mt of crude steel in August 2017.
China’s crude steel production for August stood at 80.3 mt, an increase of 2.7 per cent as compared to 78.2 mt in the same month of 2017. Japan’s output grew marginally by 0.9 per cent to 8.8 mt in August 2018.
Production by the United States in August 2018 stood at 7.5 mt, going up by 5.1 per cent over the same period last year.
Spain and Italy produced 1.2 mt of crude steel in August 2018. France’s crude steel production was reported at 0.9 mt in August 2018. While Turkey’s output fell by 5.7 per cent to 3 mt, South Korea’s crude steel production remained unchanged at 6.1 mt in August 2018.
Global crude steel production was estimated at 151.7 mt in August 2018, registering a growth of 2.6 per cent over August 2017.