World steel production increased by 3.5% in October

According to statistics from the World Steel Association (Worldsteel), the total production of crude steel in the world in October this year amounted to about 161.9 million tons. an increase of 3.5% on a monthly basis and 7% on an annualized basis.

Among them: total production of crude steel in Asia in October this year was about 120 million tons, an increase of 10.4% year on year; Total crude steel production in the EU-28 in October was about 12.6 million tonnes, down 5.6% year on year.

In addition, in North America, total crude steel production declined 13.1% year on year to 8.5 million tonnes.

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