Tag: Where do Indian mills stand in global crude steel production landscape?

Despite persistent macroeconomic headwinds, including declining household purchasing power, monetary tightening, and increasing geopolitical uncertainties, global crude steel production in CY’24 demonstrated a relatively stable performance, reaching 1,882.6 million tonnes (mnt). This figure represents a marginal 0.8% decrease compared to the 1,897.9 mnt produced in CY’23, as per latest data published by the World Steel…