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Global steel production increased significantly

According to the World Steel Association on the 20th published data, the first four months of this year, global steel production increased by 31.8% to 467.8 million tons, China as the world's largest steel producer and consumer countries, steel production over the same period increased by 25.4% to 2.139 billion tons; And North America increased by 44.3% and 58.7% respectively.

Credit Suisse analysts pointed out that global steel production will not maintain long-term growth, because China will face in the third quarter iron ore shortage, the two traditional sense of the summer is the production of off-season.

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