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...

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