production declined 6.0% from october to november, but annual volume continued to expand, now up 4.3% ytd.
steel production declined 6.0% from october to november, totaling 136.3 million metric tons in the latest total reported by the world steel assn. the new figure represents a 3.7% year-over-year increase, and brings the global raw-steel production total through november to 1.54 billion metric tons, a 4.3% year-to-date improvement.
world steel reports raw-steel output and capacity utilization for 66 nations. raw (or crude) steel is the product of basic oxygen furnaces and electric arc furnaces, and cast into semi-finished products, such as slabs, blooms, or billets. the monthly report covers carbon and carbon alloy steels; data for production of stainless and specialty alloy steels are reported separately.