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    May 24, 2021

    Global Steel Production Unable to Maintain Pace in April

    Written by David Schollaert

    World crude steel production in April was unable to sustain the recent surge in output, according to World Steel Association (worldsteel) data. As the globe works to recover from the economic blows inflicted by COVID-19 in 2020, global steel production is seeing mixed results. Following March’s month-on-month 12.7% jump, April’s underwhelming increase of 0.1% further highlights that the recovery from the pandemic is not over.

    April’s results were disappointing compared to March output that saw nine of the top 10 global producers post increased production, in many cases by double digits. Despite decreased output in most regions in April, increased production in Brazil and China—10.7% and 4.1%, respectively—ensured the world’s steel production exceeded the prior month’s sum.

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

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