Author: Nikita
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World crude steel output drops 1% due to Covid disruptions
World crude steel output of 64 steel producing countries in CY ’20 was aggregated at 1,829.14 mn t, down by 1% against 1,846.39 mn t in the preceding year, as per the recent data released by World Steel Association (WSA). COVID-19 related concerns and disrupted consumption cycle weighed on the production volume of the manufacturers.…