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India, Japan major contributors to 0.8% rise in world steel output

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

Steel
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Steel

Aditi Divekar Mumbai
Global crude steel production stood at 139.4 million tonne in January, marginally up by 0.8 per cent from the corresponding period last year, as India and Japan made sizeable contribution, the World Steel Association said in its release.

In the period under reivew, both India and Japan produced 9 million tonnes of crude steel each, up 2.5 per cent and 0.3 per cent respectively from the same period last year. China, the world's largest steel consumer and producer, on the other hand witnessed a drop in production in January, as its crude steel output decreased 0.9 per cent on