Thursday, January 19, 2006

2005 world crude steel production statistics

According to production statistics just released, world crude steel production increased by 5.9% in 2005, to reach a total of 1,129.4 million metric tons (mmt), according to the International Iron and Steel Institute (IISI). China accounted for most of the increase. Crude steel production in China rose by 69 mmt (or 24.6%) to 349.4 mmt.

This means that production in China is currently increasing by the astonishing rate of well over a million tonnes a week...

For complete IISI press release, see http://www.worldsteel.org/index.php?action=newsdetail&&&id=143

blogger@steelonthenet.com

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