Global crude steel output up in October

Nov 20, 2013 | 02:22 PM |

Tags  World Steel Association, crude steel, steel production

NEW YORK — Global crude steel output rose 6.6 percent in October from a year earlier to 134.26 million tonnes on the back of gains in most major steel-producing regions, according to World Steel Association (WorldSteel) data.

The crude steel capacity utilization ratio by the 65 countries reporting to WorldSteel was 77.5 percent last month, up 2.5 points from a year ago but down 1.8 points from September.....

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