(LOOTPRESS) – Global iron and steel production declined from June to July by -3.5%.
European output decreased by -2.8%, North American production increased by +2%, South American production decreased by -4.5%, Indian output increased by +4.2%, Japanese production slipped by -1.2%, South Korean output increased by +1.6% and Chinese iron and steel production decreased by -7.56% from June. Excluding China, adjusted global iron and steel production increased month over month by +1.2%.
Compared to the same seven months of 2020, total global iron and steel production is up +12.2%. +24% in Europe, +20.3% in North America, +24.4% in South America, +31.2% in India, +9.7% in Japan, +5% in South Korea and +8.2% in China. Excluding China, total global iron and steel production is up +17.7% compared to the same time last year.