International Steel Association: Global Steel Production Increases 24% in November

According to the World Steel Association, global crude steel production in November increased by 24% year-on-year to 107.5 million tons.
Comprehensive foreign news report on December 21, the World Steel Association (World Steel Associatio) said on the 21st, the global crude steel production in November compared with the same period in 2008 increased by 24%, for the third consecutive month to achieve growth; global crude steel production in November 10.075 million tons, compared with 86.5 million tons in the same period of 2008.
According to the association, most of the major steel-producing countries have increased their crude steel production in November from the same period in 2008; China’s crude steel production is the largest at 47.3 million tons, an increase of 37% over the same period in 2008.
The association added that although the situation in the past three months has improved, the output since 2009 is still lower than the same period in 2008. In the first 11 months of 2009, global crude steel production was 1.09 billion tons, which was 11% lower than the same period in 2008.

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