World crude steel production down 5.7% in Feb ’22; China down 10%, India up 7.6% – worldsteel

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World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 142.7 million tonnes (Mt) in February 2022, a 5.7% decrease compared to February 2021. China produced an estimated 75.0 Mt in February 2022, down 10.0% on February 2021. India produced 10.1 Mt, up 7.6%. Japan produced 7.3 Mt, down […]

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COMMENT – Does China’s appetite for steel makes carbon-cutting journey difficult?

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China’s huge appetite for steel, as its economy begins to grow again after a Covid-19-triggered slowdown last year, is making its efforts to reduce its carbon footprint difficult. As the world marches towards a net-zero carbon emissions, China is getting stuck between its desire for a greener future and an economic turnaround that has sent […]

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