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September 30, 2020
BUSINESS

Romania’s steel production rose to 340,000 tonnes in April

Romania’s steel production rose by 2.3 pc in April, from 332,000 last year, to 340,000 tonnes this year, while the EU reported a 2.2 pc-rise, from 15.4 M tonnes to 15.8 M tonnes, according to the World Steel Association, quoted by Mediafax. The global steel output rose by 5 pc, from 120.9 M tonnes to 126.9 M tonnes. China, which accounts for nearly half of the volume of steel delivered on the global market, reported a 7.1 pc-rise in April, to 59 M tonnes. Japan reported a 6.3 pc-slump, at 8.4 M tonnes. Germany, the largest producer in the EU, reported a 1.7 pc-slump, at 3.8 tonnes. In the first four months of 2011, Romania produced 1.3 M tonnes of steel, rising by 11.3 pc, compared to 1.17 M tonnes in January to March 2010. The EU reported a 5.7 pc-rise in the first four months, from 58.1 M tonnes last year to 61.4 M tonnes.

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