India's steel production has witnessed a decline of 0.5% at 6.2 million tons (MT) in February, although the global output was in thepositive terrain.
India, the fourth largest steel maker in the world, had produced 6.229 MT steelin February last year, according to World Steel Association (WSA)data.
China's production at 61.8 MT was nearly 10 times higher than India and almosthalf of world's total production of 123 MT in February this year.
Growth in production in China was 9.8 % higher over the same month last year. HoweverGlobal production grew by 1.2 % during the month.
Japan produced 8.3 MT steel, while South Korea's output stood at 5 MT.
Among the European Union nations, Germany produced 3.4 MT, Italy 2.1MT, France 1.3 MT and Spain 1.2 MT in February.
The US produced 6.7 MT steel in February 2013, down by 11.8 per cent over thesame month last year, it said.
Production of steel in Brazil was at 2.6 MT, down 6.2 per cent compared to thesame month last year.
“The crude steel capacity utilization ratio in February 2013 rose to 80.5 %from 76.7 % in January 2013. Compared to February 2012, it is 0.8 percentagepoint lower,” WSA said.
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