Global crude steel output up 5% in 2018, Worldsteel says
Published: Tuesday, 29 January 2019
Asia led global crude steel output growth in 2018, accounting for 1.3 billion tonnes of production - an 8.33% increase - according to statistics published by the World Steel Association (Worldsteel) last Friday January 25.
By Paul Lim
Steelmakers across the world produced a total of 1.79
billion tonnes of crude steel last year, up 4.68% compared with
1.71 billion tonnes a year earlier.
China, the world’s largest steel-producing
country, increased its production by 6.59% to 928.3 million
tonnes on healthy margins in its domestic...