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What Slowdown? Global Steel Production Continues Its Uptrend

Mark O'Hara
What Slowdown? Global Steel Production Continues Its Uptrend

Last week, the WSA (World Steel Association) released its global steel production data. According to the WSA, global steel production stood at 148.3 million metric tons in April, marking a 4.1% YoY (year-over-year) rise. In the first four months of this year, global steel production rose 4.0% YoY. Global steel production has risen, defying pessimists expecting a slowdown in the steel industry this year. Let’s look at April’s steel production data in detail.