The latest report released by the World Steel Association showed that India’s crude steel production has rose by 1.7% at 9.215 million tonne (MT) in July 2019 compared to previous year same month's 9.059 MT. Global steel production for the 64 countries marked rise of 1.7% at 156.697 MT in July 2019, as against previous year same month's 154.009 MT.
As per report, China produced 85.223 MT of crude steel during July 2019, as against 81.180 MT in the previous year same month. Japan produced 8.387 MT of crude steel during July 2019, as against 8.420 MT in the previous year same month. South Korea's output for July 2019 stood at 6.041 MT followed by the US at 7.514 MT, Brazil 2.449 MT, Turkey 2.925 MT and Ukraine 1.784 MT.
The World Steel Association (world steel) is one of the largest industry associations in the world, with members in every major steel-producing country. It represents steel producers, national and regional steel industry associations, and steel research institutes. As many as 64 major steel producing countries report data to the body which represents around 85% of global steel production.
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