Turkey’s crude steel production increased
by 1.6 percent on an annual basis to 3.4 million tons in April, data from the
World Steel Association have shown.
In January-April, Turkey, which is the world’s eighth-largest producer of
steel, produced a total of 12.8 million tons of steel, which marked a 3.2
percent decline from the same period of last year.
The April reading pointed to an improvement from
the previous month. In March, the country’s crude steel output declined by 2.9
percent year-on-year to 3.3 million tons.
The World Steel Association said that global
production was 162.7 million tons in April, a 5.1 percent decline compared to
April 2021.
In China, the world’s largest producer, crude steel
output fell by 5.2 percent to 92.8 million tons, while its production in the
first four months plunged 10.3 percent from a year ago to 336.2 million tons.
India produced 10.1 million tons of crude steel in
April, a 6.2 percent increase on an annual basis, while Japan’s production
dropped 4.4 percent to 7.5 million tons.
The U.S., the world’s fourth-largest producer, saw
a 3.9 percent decline in its output in April to 6.9 million tons.