Crude steel production increased 7% y-o-y to 87 million tonnes (mnt) during January-June 2026. Scrap consumption registered the fastest growth among key metallics, rising 10% to 22 mnt, while direct reduced iron (DRI) consumption increased 7% to 31 mnt. Hot metal production rose at a slower pace of 3% to 48 mnt, indicating secondary producers increasingly balanced scrap and DRI consumption while integrated producers maintained steady blast furnace output.
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