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Global Steel Production in Uptrend despite Trade War Concerns

Global Steel Production in Uptrend despite Trade War Concerns

In this part of the series, we’ll look at May steel production data that were released by the World Steel Association on June 25. Global steel production was 154.9 million metric tons in May, a YoY (year-over-year) rise of 6.6%. In the first five months of the year, global steel production rose 4.3% YoY.