SEATTLE (Scrap Monster): The World Steel Association (worldsteel) has released the list of top 10 steel producing nations during the month of April this year.
China topped the list, although its output registered 5.2% decline in output over the previous year. The country’s crude steel output totalled 92.8 Mt during the month. The cumulative output during the first four months of the current year totalled 336.2 Mt, significantly down by 10.3% over the same period in 2021. China recorded largest year-on-year dip in steel output during the month, among the top ten producing countries.
India’s estimated output, at 10.1 Mt, recorded a surge by 6.2% over April 2021. The country produced 42.3 Mt of steel during Jan-Apr ’22, significantly higher by 6.5% over the previous year. Incidentally, India was one among the few countries to report year-on-year surge in output, the others being Russia and Turkey. The Japanese output dipped 4.4% during the month to total 7.5 Mt, while its output was down by 3.3% over Jan-Apr ’21 to total 30.5 Mt until April this year.
The U.S. produced 6.9 Mt, down marginally by 3.9%. Russia is estimated to have produced 6.4 Mt, marginally higher by 0.6% year-on-year. The output by other countries in the top ten list in Mt is as follows: South Korea (5.5), Germany (3.3), Turkey (3.4), Brazil (2.9) and Iran (2.2).
The crude steel production by 64 countries reporting to the Association totalled 162.7 Mt and 619.1 Mt in April 2022 and Jan-Apr ’22 respectively.
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