Tag: Steel Industry

April 20, 2021

Global Steel Demand Recovering in 2021

Global Steel Demand Recovering in 2021

The World Steel Assn. forecasts steel demand growing by 5.8% to 1.87 billion metric tons this year, after a slight decrease in 2020, with an automotive sector rebound among the leading factors. APR 18, 2021 The World Steel Association forecasts that global steel demand will rise 5.8% this year to 1.87 billion metric tons, thenRead More

March 29, 2021

Global Steel Output Slowing Again

Global Steel Output Slowing Again

Steel production declined about -8.8% worldwide from January to February, with notable tonnage decreases in all of the largest producer nations, but the year-over-year result showed an encouraging 4.1% rise in output. MAR 25, 2021 Global steel production fell to 150.2 million metric tons during February, about 14.8 million metric tons or -8.8% less thanRead More

March 1, 2021

January Steel Production Up Worldwide

January Steel Production Up Worldwide

Global tonnage rose to 162.9 million metric tons for the first month of 2021, a 4.8% increase over the January 2020 total. FEB 28, 2021 Global steel production increased slightly in January to 162.9 million metric tons, just 1.27% more than the tonnage reported for December 2020, and 4.8% more than the January 2020 total.Read More