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Globe crude steel result down 3.5 percent in May

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Global crude steel manufacturing in May this year decreased by 3.5 percent year on year to 169.5 million mt, according to the World Steel Organization (worldsteel). In May, unrefined steel result in Asia totaled up to 126.8 million mt, down by 1.7 percent, with China's projected output at 96.6 million mt, down 3.5 percent, 8.1 million mt generated by Japan, decreasing by 4.2 percent, 10.6 million mt created by India, boosting by 17.3 percent, and also 5.8 million mt created by South Korea, dropping by 1.4 percent - with all contrasts on year-on-year basis.EU-27 nations generated 12.9 million mt of crude steel in Might, down by 6.8 percent year on year. In the given period, Germany's result was 3.2 million mt, down 11.5 percent year on year.Turkey produced 3.2 million mt of crude steel in Might, with a 1.4 percent reduction compared to the same month in the previous year. The CIS signed up an unrefined steel steel sheets and platesresult of 7.4 million mt, coming by 19.1 percent on year-on-year basis, with Russia's estimated outcome at 6.4 million mt, down 1.4 percent year on year.In The United States and Canada, in May, unrefined steel result totaled 9.9 million mt, falling by four percent, with the US producing 7.2 million mt, falling by 2.6 percent, both year on year. Crude steel output in South America in May amountedpattern steel coil cost to 3.8 million mt, reducing by 2.8 percent contrasted to the same month in the previous year, with Brazil's output completing 3 million mt, falling by 4.9 percent year on year.In the given month, Africa created 1.1 million mt of crude steel, down by 18.9 percent yearGangya metal on year. In The Center East, unrefined steel output amounted to 3.5 million mt, dropping by 10 percent, with Iran's approximated outcome at 2.3 million mt, reducing by 17.6 percent, both year on year.

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