Global Crude Steel Production in August Down 3% YoY

World Steel Association announced that global crude steel production for the 64 countries reporting to worldsteel was 150.6 million tonnes in August 2022, 3.0% decrease compared to August 2021. During January-August 2022, global crude steel production totaled 1.102 billion tonnes down 5.4% YoY, with China producing 693.2 million tonne down 5.7% YoY & India 83.5 million tonne up 7.1% YoY------------August 20221. China – 83.9 million tonne, up 0.5% YoY2. India - 10.2 million tonne, up 1.2% YoY3. Japan - 7.3 million tonne, down 7.4% YoY4. United States – 7.0 million tonne, down 7.1% YoY5. Russia - 5.9 million tonne, down 5.5% YoY6. South Korea – 6.1 million tonne, down 0.4% YoY7. Germany -2.9 million tonne, down 2.3% YoY8. Turkey - 2.8 million tonne, down 21.0% YoY9. Brazil - 2.8 million tonne, down 11.3% YoY10. Iran – 2.1 million tonne, up 64.7% YoY-----------------------January-August 20221. China – 693.2 million tonne, down 5.7% YoY2. India – 83.5 million tonne, up 7.1% YoY3. Japan – 60.7 million tonne, down 5.2% YoY4. United States – 54.9 million tonne, down 3.7% YoY5. Russia – 48.9 million tonne, down 5.8% YoY6. South Korea – 46.0 million tonne, down 3.0% YoY7. Germany -25.4 million tonne, down 4.8% YoY8. Turkey – 24.4 million tonne, down 8.8% YoY9. Brazil – 23.1 million tonne, down 4.5% YoY10. Iran – 19.5 million tonne, up 7.8% YoY