World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 139 million tonnes (Mt) in May 2016, a -0.1% decrease compared to May 2015.
China’s crude steel production for May 2016 was 70.5 Mt, an increase of 1.8% compared to May 2015. Elsewhere in Asia, Japan produced 8.8 Mt of crude steel in May 2016, a decrease of -0.9% compared to May 2015. India’s crude steel production was 8.0 Mt in May 2016, up by 4.9% on May 2015. South Korea’s crude steel production was 5.8 Mt in May 2016, down by -3.5% on May 2015.
Is stagflation temporary?
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I have been gazumped by two red-hot inflation reports in two days, even as
growth slows sharply in Australia and the US. First, in Australia,
quarterly d...
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