"Due to the ongoing difficulties presented by the COVID-19 pandemic, many of this month's figures are estimates that may be revised with next month's production update," worldsteel said.
According to the worldsteel data, China registered a 12.7 per cent year-on-year growth in steel output to 92.202 MT during October 2020, compared to 81.781 MT in the same period last year.
The US production stood at6.143 MT of crude steel in October 2020, down 15.3 per cent from 7.250 MT.
Japan's output slipped 11.7 per cent to 7.200 MT of crude steel from 8.150 MT a year ago.
South Korea's steel production fell 1.8 per cent to 5.859 MT for the month under review, as compared to 5.964 MT in the year-ago period.
Germany's crude steel output rose 3.1 per cent to 3.417 MT as against 3.315 MT.
Italy's crude steel production was 2.119 MT in October 2020, down 4.6 per cent from 2.222 MT a year ago.
France produced 1.065 MT of crude steel in October 2020, 9.9 per cent lower from the year-ago period. Spain's steel production stood at 1.113 MT, a fall of 7.7 per cent year-on-year.
"Brazil produced 2.784 MT of crude steel in October 2020, up by 3.5 per cent from October 2019. Turkey's crude steel production for October 2020 was at 3.208 MT, up 19.4 per cent from October 2019," worldsteel said.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.