Chinese surge pushes up global steel output in 2019, Worldsteel says [CORRECTED]

A strong rise in Chinese steel production led the way to a 3.4% year-on-year increase in global crude steel output in 2019, according to the World Steel Association (Worldsteel).

A total of 1.87 billion tonnes of crude steel were produced last year, compared with 1.81 billion tonnes a year earlier, Worldsteel said.
Steel production in China continued to rocket upward, with steelmakers in the country accounting for 996.3 million tonnes - an 8.3% increase from 2018.
But other Asian nations showed weaker performances over the 12-month period amid challenging market conditions.

India - now well established as the world's second-largest steelmaking nation - was only able to increase output by 1.8% on the year to 111.25 million tonnes. A...

Another 'Bubble Check' for the gold sector

Gold stocks continue to hit new highs

Some mining stocks exposed to Burkina Faso take major hit

Gold stocks again hit new highs

Gold stocks reach new highs on metal price gain