Global steel output up by 3.7% in February
Global crude steel production went up by 3.7 per cent in February 2024 to 148.8 million tonnes (mt) against 143.6 mt in the corresponding period a year ago.For the January-February period, production in the 71 nations that account for 85 per cent of world steel output was pegged at 306.9 mt, up 3 per cent.According to the World Steel Association, top producer China’s output increased to 81.2 mt in February, up by 3.5 per cent from the year-ago period. India reported a surge of 11.4 per cent rise in production at 11.8 mt.
