WSA: Global crude steel output declines 1.5% over Jan-May

Crude steel production among the 70 countries or regions checked by the World Steel Association (WSA) totaled 773.1 million tonnes over the first five months this year, declining by 1.5% from the same reporting period last year, according to the association's latest release published on June 23.

The Association enlarged its country sample from 69 to 70 in its May report by adding Bolivia into the dataset, Mysteel Global noted. Total monthly output registered 157.9 million tonnes in May, rising by 2.9% on month while dipping by a small 0.3% on year, WSA data showed. As a