June 30, 2021
Global crude steel production shot up in May on a spike in production from China the worlds biggest steel producer to a new record high. A rise in output was also witnessed across other major producers for the month with India, Japan and the United States seeing the biggest gains. According to the latest World Steel Association (WSA) report, crude steel production for 64 reporting nations climbed 16.5% year over year to 174.4 million tons (Mt) in May. Production rose across all key