World Steel Association (WSA) data showed a 3.7% y/y increase in global steel production in November and a 5.2% rise in the year-to-date with all major steel-producing countries recording increases over the year. Whilst production in China fell sharply on a month-on-month basis as the winter cuts took effect, output was still growing in year-on-year terms.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.