Global steel production recovers in March

Global raw steel production increased in March, according to the latest figures released by the World Steel Association (worldsteel). March’s output reached a two-year high, a significant reversal after February marked one of the lowest monthly production rates post-pandemic.

Steel mills worldwide produced 166.1 million metric tons (mt) of raw steel in March. This represents a 15% boost over the previous month and is 3% above the same month last year (161 million mt).

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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