Global Steel Production Rose 1.4% - China at 48.5% of Total
According to the World Steel Association, global steel production rose 1.4 percent in October to 134,262,000 tonnes compared to September and reached a capacity utilization rate of 78.0 percent. The annualized three month moving average production was 1.591 billion tonnes through October (Figure 1). Capacity is now 2.076 billion tonnes. Global production this year has deviated from the […]