World steel production grows 3.7% in 2021 despite a drop in China



FILE PHOTO: Employees work at a Dongbei Special Steel Group Co. Ltd. factory in China


© Archyde.com/China Daily China Daily Informat
FILE PHOTO: Employees work at a Dongbei Special Steel Group Co. Ltd. factory in China

LONDON, Jan 25 (Archyde.com) – Global crude steel production rose 3.7% last year to 1.95 billion tonnes, data from the World Steel Association showed on Tuesday, despite a drop in top producer China. of the metal, because the energy crisis reduced operations.

China’s steel output fell 3% in 2021, while second-place India saw a 17.8% rise. In the case of Japan, which ranks third, it rose 15.8% as economies recovered from the COVID-19 pandemic.

Data for the last month of last year showed global steel production fell 3% year-on-year to 158.7m tonnes.

Crude steel output from China, also the world’s top consumer of the metal, sank 6.8% to 86.2m tonnes in December.

(Reporting by Eric Onstad; Editing in Spanish by Javier Leira)

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