India’s Crude Steel output grows 1.5% to 9.56 MT in February: worldsteel
LONDON (Scrap Register): India’s crude steel output increased by 1.5% to 9.56 million tonnes in February this year, according to global industry body worldsteel.
The country had produced 9.42 million tonnes steel in the same month a year ago, World Steel Association (worldsteel) said in its latest report.
Global crude steel production for the 64 countries reporting to the association was 143.29 million tonnes in February 2020, a rise of 5.4 per cent, compared to 154.46 million tonnes in May 2018, it said. India produced 9.56 million tonnes of crude steel in February 2020, up 1.5 per cent from February 2019, the report said.
Global giant China - which was impacted by outbreak of deadly coronavirus — has registered a rise of 5 per cent in its output at 74.77 million tonnes as against 71.23 million tonnes in February 2019.
Japan produced 7.916 million tonnes of crude steel in February 2020, up 2.2 per cent from 7.745 million tonnes in February 2019.
The United States (US) produced 7.168 million tonnes of crude steel in May 2020, a 3 per cent increase as against 6.956 million tonnes in February 2019.
In the European Union (EU), Italy produced 2.046 million tonnes of crude steel in February 2020, France produced 1.232 million tonnes of metal.
In February, while Brazil’s production was at 2.704 MT, Turkey and Ukraine produced 2.851 MT and 1.709 MT, respectively.