World Crude Steel Production Increases to 130 Million Tons

According to iron and steel production result of July that World Steel Association announced on 21st, The total crude steel production of the 62 countries increased by 1.7% from the previous month to 129.738 million tons, it was an increase for the first time in two months. China recorded the monthly highest result. The result in January-July increased by 1.0% from the previous year to 896.94 million tonnes. It keeps the pace which exceeded 1.5 billion tons at an annualized rate, it is the highest level in total of 62 countries.