Global crude steel production decreased in September

World Steel Association (worldsteel) announced crude steel production data for September.

Accordingly, global crude steel production decreased by 0.2 percent in the ninth month of the year compared to the same month last year, reaching 142.4 million tons.

In the said period, the production of China, the world's largest steel producer, increased by 0.1 percent to 73.6 million tons. India, which ranks second, increased its production by 1.9 percent to 13.9 million tons.

Among other leading producers, according to estimated data, the production of the USA increased by 4.3 percent to 7.2 million tons, and the production of Russia increased by 6.2 percent to 5.5 million tons. While production in Japan decreased by 0.6 percent to 6.3 million tons, South Korea increased its production by 3.6 percent to 5.2 million tons.

Türkiye increased its crude steel production by 0.8 percent in September compared to the same month last year, reaching 3.2 million tons.

In the same period, Germany's production decreased by 13 percent to 2.6 million tons, while Brazil's production decreased by 0.8 percent to 2.8 million tons.

Vietnam, which achieved the highest annual increase among the top 10 producers, increased its production by 29.1 percent, reaching 2.6 million tons.

Looking at the total production data for the January-September period, the 9-month production of the largest producer, China, decreased by 2.9 percent compared to the same period last year, falling to 724.8 million tons.

Source: TRT Haber Ekonomi RSS (Open Press / Translated Full Text)