WSA: Global crude steel output drops by 6.5% YoY in January

Crude steel production among the 69 countries worldwide under the monthly survey of the World Steel Association (WSA) amounted to 147.3 million tonnes in January, down 6.5% from the previous year, the latest data released on February 26 by the association showed.

Output in China, the world's largest steelmaking country, fell by an estimated 13.9% on-year last month to 75.3 million tonnes, according to the association. This result was higher by 10.4% from last December though, Mysteel Global calculated based on the statistics. China's National Bureau of Statistics (NBS) usually bundles the