World output edged higher in January

摘要

World production of crude steel recorded a slight upturn in January over December, reaching 116.7m tonnes, but remained almost 8%below output in January 2011. The industry’s capacity-utilisation rate edged higher to 71.3% last month.The World Steel Association said that China’s January 2012 production of 52.1mt (an estimate provided by the China Iron & SteelAssociation) was 13% less than the 59.9mt recorded for the same month last year. Other Asian countries also reported year-on-yeardeclines with Japan down 10% and South Korea down 9%.