Global Steel Production Continued Downward Trend in January

Global raw-steel production continued to fall in early 2022, following the trend of the second half of 2021, according to the World Steel Association, which reports monthly raw-steel output. China, the world’s leading steelmaker, produced 11.2% less output than in January 2021; the U.S. steel industry — the fourth-largest in the world — produced 4.2% more than in January 2021. 2/28/2022