India's steel production rose 8.1% since July 2015: WSA

India's crude steel production rose 8.1 percent during July as compared to the corresponding month in the previous year, according to data compiled by World Steel Association. The country produced 8.1 million tonnes of crude steel last month.

Elsewhere in Asia, China recorded crude steel production of 66.8 million tonnes in July, which is an increase of 2.6 percent as compared to July 2015. During the same month, Japan witnessed a marginal increase of 0.5 percent in production, which stood at 8.9 million tonnes. 

South Korea produced 6 million tonnes of crude steel last month, up 1.5 percent, while Turkey produced 2.7 million tonnes, a rise of 6.5 percent since July last year. 

"In July 2016, Russia produced 6.1 Mt of crude steel, up by 0.9 percent over July 2015. Similarly, Ukraine produced 2.1 Mt of crude steel, up by 10.5 percent compared to the same month in 2015," World Steel Association said in its report. 

Countries where steel production declined

Germany produced 3.4 million tonnes of crude steel for the month of July, which fell 6.1 percent, when compared to the corresponding month in the previous year. United Kingdom also witnessed a fall in its crude steel production at 0.7 million tonnes, down 27.3 percent since July 2015. 

The United States produced 6.9 Mt of crude steel last month, which shrunk by 2.2 percent, while South American nation Brazil's crude steel production during the same month was 2.7 million tonnes, a decline of 6 percent since July last year.

Overall, world crude steel production for the 66 countries, which report to the World Steel Association (worldsteel), was 133.7 million tonnes for July 2016, a rise of 1.4 percent since July 2015.

The World Steel Association is one of the largest industry associations in the world, and its members represent approximately 85 percent of the world's steel production.