World steel output falls 6% year on year in March; Europe leads way
Published: Thursday, 23 April 2020
Global crude steel production declined by 6% year on year in March as the Covid-19 pandemic hammered demand, World Steel Association (Worldsteel) data show.
By Michael Cowden
Steel production for the 64 countries reporting to
Worldsteel totaled 147.05 million tonnes in March, down from
156.51 million tonnes in the same month last year.
The decline breaks a trend of production gains in the first
two months of this year.Europe led the downward trend,