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    June 30, 2021

    Global Steel Production Keeps Expanding

    Written by David Schollaert

    World crude steel production kept its upward momentum in May with another record-breaking month, according to World Steel Association (worldsteel) data. Global output, at an estimated 174.4 million metric tons, was 16.5% higher than the year-ago period and 2.8% higher than April.

    Since March’s historic 12.7% jump, world crude steel production has been trending up. May’s total established a new record high, the third time in as many months, and was 6.8% higher than the most recent high of 163.1 million metric tons in May 2019.

    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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