World steel output up 1.1% in Jan-March

Press Trust of India Updated - November 15, 2017 at 05:16 PM.

Global steel production grew by a meagre 1.1 per cent during the January-March period of the year to 376.76 million tonnes compared to the corresponding period last year, World Steel Association (WSA) data said

Global steel production was 372.77 million tonnes in the same period last year. WSA members produce 85 per cent of the world's steel.

Asia produced 241.7 million tonnes nearly 56 per cent of the total output. The growth in Asia was 1.5 per cent. Among the Asian countries, China produced 174.21 million tonnes, recording a 2.5 per cent growth. India's output remained stagnant at 18 million tonnes.

The European Union produced 43.9 million tonnes, down by 3.9 per cent.

Published on April 22, 2012 16:03