Asia led global crude steel output growth in 2018, accounting for 1.3 billion tonnes of production - an 8.33% increase - according to statistics published by the World Steel Association (Worldsteel) last Friday January 25.
Steelmakers across the world produced a total of 1.79 billion tonnes of crude steel last year, up 4.68% compared with 1.71 billion tonnes a year earlier. China, the world's largest steel-producing country, increased its production by 6.59% to 928.3 million tonnes on healthy margins in its domestic markets, while India overtook Japan to be the world's second-largest...