Posted on 27 Jul 2021
For the first half of 2021, crude steel production among 64 countries worldwide under the monthly survey of World Steel Association (WSA) maintained its momentum in growth, up 14.4% on year to slightly above 1 billion tonnes, according to the association’s sharing late last Friday.
The growth for H1 was roughly the same as the 14.5% on-year growth for the first five months of 2021, and for June alone, the output grew 11.6% on year to nearly 168 million tonnes among the 64 countries, or down 3.7% on month, Mysteel Global calculated based on the WSA data.
China, though still the world’s top steelmaking country, posted the lowest on-year gain for the second month in June among the top ten steelmaking countries, or up 1.5% on year but down 5.6% on month to 93.9 million tonnes, the WSA data showed, with was in line with WSA’s projection in April that for 2021 the other steelmaking countries would probably post stronger gains than China.
India, the world’s second largest steel-producing country, posted the greatest gain among the top ten in steel output over January-June, up 31.3% on year though its steel output for June swelled just 21.4% on year, ranked the fifth in growth among the top ten, and three others posted surges by over 40% on year for June with Brazil scoring the highest 45.2% gain from a year ago.
Source:Mysteel Global
