Global crude steel production dropped 1.9% on-year in April to 153.45 million tonnes, the eight consecutive month of decline, despite continued strength from the US, Korea, Germany and Turkey. India’s growth rate slowed, according to worldsteel data seen by Kallanish.
Chinese crude steel production fell 2.8% on-year in April to 83.63mt. Indian production grew 3.9% to 13.83mt, slowing from previous months, while Korean output jumped 4.8% to 5.25mt. Japanese production inched up 0.3% to 6.6mt.
EU27 production fell 1.8% in April to 10.95mt, due to estimated slumps in France, Spain and Poland, although German and Italian production grew 9.5% and 7.2% respectively to 3.2mt and 1.9mt.
Turkish production surged 9% to 3.29mt.
US output grew 9% to 7.16mt, while Brazil was estimated to have seen production rebound after a long streak of falls, rising by 2.8% to 2.7mt.
Russian production was estimated down 12.4% to 5.02mt and Ukrainian output was confirmed to have plunged 25% to 517,000t.
January-April global crude steel production thus fell 2% on-year to 613.3mt, with India, the US, South Korea, Turkey and Germany bucking the trend.
