Arab Today, arab today global steel output hits record high in march
Last Updated : GMT 04:44:18
Arab Today, arab today
Arab Today, arab today

Global steel output hits record high in March

Arab Today, arab today

Arab Today, arab today Global steel output hits record high in March

London - Arabstoday

Global steel production hit a record monthly high in March as the industry bounces back from a slowdown in demand in the face easing concerns about the outlook for the global economy, data from a producer’s body showed on Friday. Global crude steel production rose to 132 million tonnes in March, up 1.8 per cent compared to the same month last year, data from the World Steel Association showed. Top producer China’s crude steel output for March was 61.6 million tonnes, up 3.9 per cent from the same month last year, while global production for the first quarter was 1.1 per cent higher than the same period last year, at 377 million tonnes. “It is good news that there is an uptick in output in the steel industry. There is a pickup in demand in various parts of the world and, apart from the European Union, people are feeling a bit better about things,” said Peter Fish, managing director at steel consultancy MEPS. “The numbers are more encouraging and things are improving. We think production will rise by 5.5 per cent on the year.” The global crude steel capacity utilisation rate increased to 81.1 per cent, 1.6 per centage points higher than February 2012. Compared to the same period last year, the utilisation ratio in March 2012 decreased by -1.2 per centage points, the data showed. Steel production in Japan, the world’s second-largest steelmaker, rose 2.3 per cent year-on-year to 9.3 million tonnes. In the United States, steel production in March rose 5.4 per cent year-on-year to 7.8 million tonnes. Steel demand in the world largest economy was relatively  strong in the last few months and this has supported steel prices and production levels.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today global steel output hits record high in march Arab Today, arab today global steel output hits record high in march

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Rebel supporters flood Yemen streets

GMT 06:39 2017 Monday ,27 March

Rebel supporters flood Yemen streets
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today Trump to roll back Obama clean power plan

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Nermein Al Fekki films “Foxes in the Valley”

GMT 09:58 2017 Saturday ,25 March

Nermein Al Fekki films “Foxes in the Valley”
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 20:03 2017 Saturday ,25 March

Health expert warns from dust sensitivity

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday