In May, global steel production fell by 2.1%

According to the World Steel Association, in May 2015, the global steel production was 139 million tons, which is by 2.1% less than in the previous year.

The Chinese steel production fell by 1.7% to 70 million tons. Japan produced 8.9 million tons of steel in May, which is by 7% less than the level of the previous year, South Korea produced 6 million tons, decreased by 2.6%, and India - 7.68 million tons, which is by 4% more than last year.

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