World crude steel output up 3.5% despite Western bid to stem flow

Oct 19, 2005 | 10:18 AM | Ben Garside

Production cuts by Western steelmakers haven't halted world steel growth, with global crude output climbing 3.5 percent in September compared with the same month last year, according to the latest data from the International Iron and Steel Institute (IISI).

The Brussels-based organization estimated production of 92.1 million tonnes by the 61 countries reporting to the IISI, which accounted for about 98 percent of global steel production in 2004.....

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