October 07, 2008

Global crude steel production in March up by 5.8% YoY

World crude steel production for the 66 countries reporting to the International Iron and Steel Institute was 119.5 million tonnes in March 2008 up by 5.8% YoY.

Total world crude steel production was 340.7 million tonne sin January to March 2008 up by 5.6% YoY.

In the first three months of 2008, China produced 124.9 million tonnes of crude steel up by 8.6% YoY. In March 2008, China’s moving annual total growth rate slowed further to 11.5% as compared to its MAT growth rate of 21% in March 2007. China’s crude steel production for March 2008 was 44.9 million tonnes up by 11.5% YoY.

We shall be publishing more details soon