Global steel production hits 161.7M tons in July

ANKARA

Global crude steel production reached 161.7 million tons in July, according to the World Steel Association on Tuesday.

The figure was up 3.3% from the same month of last year, the association said in a statement.

World's top steel producer countries except Chine saw significant annual increases in July.

China's steel production hit 86.8 million tons, decreasing 8.4% during the same period.


India produced 9.8 million tons of crude steel, up 13.3% while Japan's steel output jumped 32.5% to 8 million tons.

The figure was 7.5 million tons in the US, surging 37.9% from last July.

Turkey, the eighth-largest crude steel producer, posted a 2.5% year-on-year increase in crude steel output, reaching 3.2 million tons in July.

In January-July, global steel production soared 12.4% from last year to 1.17 billion tons.

The World Steel Association is a prominent industry group, with its members representing around 85% of global steel production with more than 160 steel producers.