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    June 3, 2022

    China Drives Global Steel Production Gains in April: WSA

    Written by David Schollaert

    World crude steel production rose in April, gaining ground for a second consecutive month and reaching a 10-month high. Global output was estimated at 162.7 million metric tons in April. Steelmakers around the world increased production by just 1.6 million metric tons, or 1% from March, according to World Steel Association (worldsteel) data.

    Although April’s crude steel production expanded, the pace of growth slowed versus the nearly 13% expansion seen the month prior. The gain was driven primarily by a 5.1% production increase month on month (MoM) in China, while eight of the top 10 steel-producing nations saw lower MoM output. Crude steel production in the rest of the world fell MoM in April by 4.0%, to a total of 69.9 million metric tons

    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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