Global Steel Production Up Slightly in August, Still Down YoY

World crude steel production recovered slightly month-on-moth (MoM) in August but remained down roughly 4% versus the same period last year. August’s output gained marginal grown when compared to July, up 0.9%, recovering for the first time in three months, according to World Steel Association (worldsteel) data.

Global output was estimated at 150.6 million metric tons in August. Steelmakers around the world increased production by an estimated 1.3 million metric tons MoM.

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.

David Schollaert

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