WSA: Global crude steel output dips 1.3% YoY in July

Global crude steel production among the 70 countries surveyed by the World Steel Association (WSA) dropped by 1.3% on year in July to 150.1 million tonnes, narrowing from an on-year decline of 5.1% recorded in June, according to the latest release by the association on August 22.

Over January-July, the 70 countries' crude steel production amounted to 1.09 billion tonnes, down 1.9% on year, according to the WSA data. For the first seven months of this year, China churned out 594.5 million tonnes of crude steel, logging a 3.1% drop on year and accounting for 54.7%