Global Steel Output Moderating, Still Strong

Release Time：02 Jan,2018

<p style="text-align:center;"> <img src="/membcentre/editor/attached/image/20180102/20180102152803_55076.jpg" alt="" /> </p> <p> <span style="color:#222222;font-family:proxima-nova, &quot;font-size:21px;white-space:normal;background-color:#FFFFFF;"> <p> Production declined 6.0% from October to November, but annual volume continued to expand, now up 4.3% YTD. </p> <p> <br /> </p> <p> Steel production declined 6.0% from October to November, totaling 136.3 million metric tons in the latest total reported by the World Steel Assn. The new figure represents a 3.7% year-over-year increase, and brings the global raw-steel production total through November to 1.54 billion metric tons, a 4.3% year-to-date improvement. </p> <p> <br /> </p> <p> World Steel reports raw-steel output and capacity utilization for 66 nations. Raw (or crude) steel is the product of basic oxygen furnaces and electric arc furnaces, and cast into semi-finished products, such as slabs, blooms, or billets. The monthly report covers carbon and carbon alloy steels; data for production of stainless and specialty alloy steels are reported separately. </p> <p> <br /> </p> <p> <br /> </p> <br /> </span> </p>