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Chinese dried Reuters According to Dow Jones news, the International Iron and Steel Institute announced that global crude steel production rose 5.1% in November, due to Chinese production growth to offset the European Union and the CIS Inter-American production decline. In November, global crude steel production increased to 121.7 million tons, a total of 115.8 million tons in the same period of last year. China’s production in November increased by 13.7% year-on-year to 57.5 million tons, while Asia’s output increased by 9.2% to 79.5 million tons, and output in Japan, South Korea, and Taiwan declined. The EU's output fell the most, falling 5.3% to 13.5 million tons.

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