World crude steel output down 1% in 2020, Worldsteel says

By IM Staff
Published: Thursday, 28 January 2021

Global crude steel output fell by 0.9% year-on-year to 1.86 billion tonnes in 2020, with an increase in China unable to offset declines across most other major steelmaking nations, the World Steel Association (Worldsteel) has said.

By Lee Allen

China, the world’s largest steelmaker, pumped out 1.05 billion tonnes of crude steel in 2020, up by 5.2% year-on-year compared with 1.00 billion tonnes in 2019, Worldsteel said.

But decreases were seen across other key Asian markets.

India continued to be the world’s...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.