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India's crude steel output grows 2% to 8.5 Million Tonnes in September

Oct 30,2018

India's crude steel production increased 2.1% to reach 8.520 million tonnes in September 2018, global steel body world steel said in a report. The country had manufactured 8.345 million tonnes steel during the same month last year, the World Steel Association said.

 

According to the report, India's steel output during January-September 2018 was 6.1% higher at 79.660 million tonnes, as against 75.048 million tonnes during the corresponding period of 2017.

 

Japan has reported a 2.4% decrease in output at 8.418 million tonnes in September 2018, compared to 8.626 million tonnes during the same month last year. In the first 9 months of 2018, Japan's steel output reported a marginal growth of 0.4% to 78.615 million tonnes from 78.266 million tonnes in the year-ago period.

 

China maintained its position as the number one producer of crude steel during the last month and in the January-September period of 2018. In September, China manufactured 80.845 million tonnes of crude steel as against 75.199 million tonnes, a rise of 7.5%. It manufactured 699.424 million tonnes steel in January-September 2018, up 6.1%, from 659.425 million tonnes it had manufactured in the year-ago period.

 

The US manufactured 7.3 million tonnes of crude steel in September 2018, an increase of 9% compared to the same month last year.

 

In the European Union, the world steel said, France manufactured 1.3 million tonnes of crude steel in September 2018, Italy 2.2 MILLION TONNES, Spain 1.3 million tonnes. "The European Union manufactured 128.0 million tonnes of crude steel in the first 9 months of 2018, up by 1.3% compared to the same period in 2017," it said.

 

Turkey's crude steel production for September 2018 was 2.8 million tonnes, a decrease of 5.9% compared to September 2017.

 

The global crude steel production for the sixty-four countries reporting to the world steel was 151.7 million tonnes million tonnes in September 2018, registering a 4.4 increase.

 

The World Steel Association is one of the biggest and most powerful industry associations in the world. Its members represent approximately 85% of the world's steel production, including over 160 steel producers with 9 of the 10 largest steel companies, national and regional steel industry associations, and steel research institutes.