Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Global steel production hits record high
Jan 28, 2013


Despite the sluggish global economy there is one commodity that has seen bumper production. The commodity is steel. As shown in the chart, after facing a lull in 2009, the world steel production has been on a rise since. In 2012 the worldwide crude steel production hit a record high with production hitting 1.55 bn tons. This is despite the tougher markets that steel producers all over the world have been complaining about. Steel prices remained depressed for most part of the year. Steel manufacturers were also hurt by the fall in steel demand as well as higher input prices.

Data Source: Financial Express

This Chart Of The Day was published in The 5 Minute WrapUp - Is the era of high inflation over?

Equitymaster requests your view! Post a comment on "Global steel production hits record high". Click here!

  

Our Most Popular Charts

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

MARKET STATS