India continues to maintain its lead position as the world and rsquo;s largest producer of Direct Reduced Iron (DRI) or Sponge Iron. and nbsp;Real consumption of total finished steel has grown at a CAGR of 7.2% during the last five years.
The crude steel capacity utilisation ratio for the 65 countries in November 2014 was 73.5%. It is -2.5 percentage points lower than November 2013. Compared to October 2014, it is -1.2 percentage points lower.
Global steel production rose 1.7% in July year-on-year, driven mainly by growth in Chinese output, the World Steel Association (WSA) said on Wednesday.
Steel is used in most industrial processes and is an important indicator of economic...