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Global steel output up 24.2pct in November

Posted on 22 December 2009

From Amm.com: Increases in crude steel production in the United States and China led a worldwide surge that saw total global steel output increase to 107.5 million tonnes in November, up 24.2 percent from slightly more than 86 million tonnes in the same month last year, according to World Steel Association (WorldSteel) statistics.

The increase by the 66 countries that report figures to WorldSteel reflected an overall rise in steel demand due in part to improved market conditions in emerging economies………………………………….Full Article: Source

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VRS - who has written 36685 posts on Opalesque Commodities Briefing.


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