Infographics Details
Steel Mint

World Crude Steel Production Rises 11.6% y-o-y In June 2021

28, Jul 2021
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 167.9 million tonnes (mn t) in June 2021, an 11.6% increase compared to June 2020.

The output volume increased by 11.6% against 150.45 mn t a year ago. Recovery in most of the global economies in CY 21 and the global spread of Covid-19 during March-June 2020 with stringent lockdowns is relatable to this increase.

China's steel output stood at 93.90 mn t in June 2021, up by a mere 1.5% against 92.51 mn t in the corresponding period last year. There were several factors that restrained growth in China's steel production.

India, the second-largest steel producing nation, churned out 9.40 mn t more in June 2021 against 7.74 mn t in the preceding year.