World Steel Output

A global recovery in steel demand next year is still expected, mainly due to a rise in infrastructure spending, but the growth will be 1% instead of 2.2% as forecast earlier this year, the WSA said

China, which had for the first time in many months reported a 1.7 per cent fall in its output in March at 78.97 MT, has started showing growth in production, the data showed

The country had produced 9.408 MT crude steel during the same month a year-ago, the global industry body said in its latest report.

Global steel production in January at 139.4 million tonne, even as China reports a drop of nearly 1%