Global crude steel production increased by 3.7 percent

The World Steel Association, headquartered in Brussels, has released the crude steel production data for February.

According to the data, global crude steel production reached 148.8 million tons in February of this year, increasing by 3.7 percent compared to the same month in 2023.

During this period, it is estimated that the production quantity of China, the world’s largest steel producer, increased by 3.5 percent to 81.2 million tons.

Crude steel production in Japan rose by 1.1 percent to 7 million tons, while in Germany, it increased by 4.4 percent to 3.1 million tons. The production in the United States decreased by 1.2 percent to 6.5 million tons.

Turkey’s crude steel production reached 3.1 million tons in February, showing an increase of 46.6 percent compared to February of the previous year.

During the same period, steel production decreased by 4.4 percent to 5.7 million tons in Russia, while it increased by 14.3 percent to 2.2 million tons in Iran.

source: prepared by Melisa Beğiç

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