July 2014 crude steel production up, owing to growth in US, Asia and the Middle East

By Antonio Torrisi
Published: Wednesday, 20 August 2014

Positive growth in crude steel production in the US and the developing economies shows a rebound in the global construction industry, which can offer favourable opportunities for a growth in demand for industrial minerals used in refractories, glass and construction. However, the steel industry remains weak in Europe.

World crude steel production in July has increased by 1.7% year-on-year (y-o-y), to 136.8m tonnes, with growth in the US, Asia and Middle East countries, according to figures released today by the World Steel Association (Worldsteel).

Worldsteel data shows that the global steel industry grew by 2.4% in...

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