India's crude steel output grew 7.6% to 10 million tonne in Jan: worldsteel
<p style="text-align: center;"><img title="1614570850139952.jpg" alt="4.jpg" src="/ueditor/php/upload/image/20210301/1614570850139952.jpg"/></p><p> India registered a growth of 7.6 per cent in crude steel production at 10 million tonnes (MT) in January 2021, according to the World Steel Association (worldsteel).<br/><br/>The country had produced 9.3 MT crude steel during the same month last year.<br/><br/>"The production for the 64 countries reporting to the worldsteel was 162.9 MT in January 2021, registering a 4.8 per cent increase compared to January 2020," the global industry body said in its latest report.<br/></p><p><br/></p><p>China remained the global leader in production of steel in January, registering 6.8 per cent year-on-year growth in output at 90.2 MT during the month.<br/><br/>According to worldsteel data, China had produced 84.3 MT steel in the same month last year.<br/><br/>Last month, Japan's output slipped 3.9 per cent to 7.9 MT year-on-year.<br/><br/>The US produced 6.9 MT steel in the month under review. Its output was at 7.7 MT in January 2020. Russia's output last month was at 6.7 MT compared to 6 MT in January 2020. South Korea's steel production in the month was at 6 MT, as compared to 5.8 MT in the year-ago period. Turkey produced 3.4 MT of crude steel last month. It had produced 3 MT in January 2020.<br/><br/>According to the report, while Germany produced 3.3 MT steel in January 2021, Brazil and Iran produced 3 MT and 2.6 MT, respectively.<br/><br/>With members in every major steel-producing country, Brussels-based worldsteel represents steel producers, national and regional steel industry associations, and steel research institutes.<br/><br/>Its members represent around 85 per cent of the global steel production.</p>
01 Mar,2021
