India registered a growth of 3.5 per cent in crude steel production at 9.245 million tonnes in November, according to the World Steel Association. The country had produced 8.933 million tonnes of crude steel during the same month last year, the global industry body said in its latest report.
"Crude steel production for the 64 countries reporting to the World Steel Association (world steel) was 158.261 million tonnes in November 2020, a 6.6 per cent increase compared to 148.417 million tonnes in November 2019.
"Due to the ongoing difficulties presented by the COVID-19 pandemic, many of this month's figures are estimates that may be revised with next month's production update," world steel said. According to the world steel data, China registered 8 per cent year-on-year growth in steel output at 87.660 million tonnes during November 2020, compared to 81.191 million tonnes in the same period last year.
The US production stood at 6.120 million tonnes, down 13.7 per cent from 7.088 million tonnes. Japan's output slipped 5.9 per cent to 7.264 million tonnes from 7.716 million tonnes a year ago. South Korea's steel production fell 2.4 per cent to 5.760 million tonnes in the month under review, as compared to 5.904 million tonnes in the year-ago period. Germany's crude steel output rose 14.8 per cent to 3.376 million tonnes as against 2.941 million tonnes.
Italy's crude steel production was 2.049 million tonnes in November 2020, up 3.2 per cent from 1.986 million tonnes a year ago. France produced 1.149 million tonnes of crude steel last month, 3.7 per cent lower from the year-ago period, while Spain's steel production stood at 1.113 million tonnes, a rise of 11.2 per cent year-on-year.
With members in every major steel-producing country, Brussels-based world steel represents steel producers, national and regional steel industry associations, and steel research institutes. Its members represent around 85 per cent of global steel production.