The top four of steel makers, WSA reports


matrix-steelAccording to World Steel Association (WSA), the ranking among the top four steel producers remain the same for the last four years.

Despite dip in production in some previous months, China has been world’s top steel producer in the first eleven months of current year, with output of around 650 million tonnes. Japan produced 101.66 million tonnes during the 11 months, clocking a 0.4% growth over 101.25 million tonnes in the year-ago period. Production in the US grew by 1.5% in the first 11 months of the year grew to 80.95 million tonnes from 79.75 million tonnes a year ago. India will will remain the world’s fourth largest steel maker this year even as its production growth outpaced the global average in the first 11 months. India has produced 76.19 million tonnes (MT) steel in the January-November period compared to 74.37 MT during the same period last year, clocking 2.4 per cent growth and positioned itself again at the fourth slot.