World Crude Steel Output of February Increases by 5% on Daily Base

According to iron and steel production result of February World Steel Association announced on 20th, crude steel output of 63 countries decreased by 5.0% from the previous month to 123.258 million tons, it was down for the first time in 2 months. Daily outputs increased by 5.2%, it was up for the 2 straight months. In China, daily output increased by 7.6%, it recorded high. Output of 63 countries in January – February increased by 2.7% from the precious year.