As per the World Steel Association, India rose by 21.4% year-on-year to 9.4 million tonnes (MT) in June. The crude steel output was 6.9 MT steel in the same month a year ago. “The production for the 64 countries reporting to the World Steel Association (world steel) was 167.9 MT on June 2021, an 11.6% increase compared to June 2020, “ the global industry body said in its latest report.
Japan’s steel output increased to 8.1 MT from 5.6 MT in June 2020. The US produced 7.1 MT steel in the month under review. Its output was at 4.7 MT in June 2020. While Russia’s output in June was at 6.4 MT, South Korea produced 6 MT, Germany 3.4 MT, and Iran 2.5 MT. Turkey and Brazil produced 3.4 MT and 3.1 MT of crude steel respectively, in June 2021.
