India’s steel production grows 11 pc to 11.7 MT in Nov; global output at 145.5 MT: world steel – Times of India
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The global steel production in November was at 145.5 MT, 3.3 percent up over the same month in 2022.The world output rose marginally by 0.5 percent to 1,715.1 MT in January-November 2023, World Steel said.
China produced 76.1 MT of steel in November, up 0.4 percent over November 2022. It produced 952.1 MT in January-November, higher 1.5 per cent y-o-y.
In November, Japan’s output fell 0.9 per cent to 7.1 MT, while the overall production was 2.8 per cent lower at 80 MT during January-November 2023.
The US produced 6.6 MT steel in last month and 73.9 MT in the eleven-month period of 2023.
Russia produced 6.4 MT in November and 70.2 MT in January-November 2023. South Korea’s production stood at 5.4 MT in November and 61.3 MT in the 11-month period of 2023.
In November this year, Germany produced 2.7 MT, Turkey produced 3 MT, and Brazil 2.7 MT.
With members in every major steel-producing country, Brussels-based world steel represents steel producers, national and regional steel industry associations, and steel research institutes.
Its members represent around 85 per cent of the global steel production.