World pig iron output up 2.12 percent in Q1

Wednesday, 23 April 2014 14:02:36 (GMT+3)   |   Istanbul
       

In the first quarter of this year, world pig iron production amounted to 295,680 million mt, rising by 2.12 percent compared to the same period of 2013, according to the preliminary data covering 38 countries accounting for approximately 99 percent of total world blast furnace pig iron production, released by the World Steel Association (worldsteel).
 
Meanwhile, in March this year global pig iron production amounted to 101.56 million metric tons, increasing by 10.87 percent compared to February and up 1.37 percent on year-on-year basis.
In March, pig iron output in Asia amounted to 78.10 million mt, up 0.81 percent, with 61.62 million mt produced by China, down 0.12 percent, 7.07 million mt produced by Japan, down 1.46 percent, and 4.48 million mt produced by India, up 4.27 percent - with all comparisons on year-on-year basis.
Meanwhile, in the same month EU countries produced 8.54 million mt of pig iron, while the CIS produced 7.04 million mt, with an increase of 7.10 percent and an increase of 1.11 percent respectively, year on year.

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