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Industry News
16th May 2017

World steel production to flatline for two decades

World Steel Association data showed a 5.7 percent jump in global steel output in the first quarter of 2017 to 410.5 million tonnes with robust growth across all regions. The 50-year old industry body estimates that steel production in China, which is responsible for just shy of half the global total rose 4.6 percent year on year, but was fairly flat on a month-on-month basis.

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