India’s crude steel output in April 2018 increased 5.6% to 8.7 million tonne (MT) as compared to the year-ago month, the World Steel Association has said.
China’s crude steel production in April stood at 76.7 MT, registering an increase of 4.8% over the same month in 2017.
However, Japan’s crude steel output saw a decline of 0.4% to 8.7 MT in the reported month.
South Korea’s steel production was 5.9 MT in April 2018, an increase of 7.1% over the same month a year ago.
“World crude steel production for the 64 countries reporting to World Steel Association (worldsteel) was 148.3 MT in April 2018, a 4.1% increase compared to April 2017,” it said.
World Steel Association is one of the largest industry associations in the world. Its members represent about 85% of the world’s steel production.
They include over 160 steel producers with 9 of the 10 largest steel companies, national and regional steel industry associations, and steel research institutes.