Global raw-steel production slipped to 167.9 million metric tons during June, down -3.87% from May – with corresponding month-over-month declines in most of the largest steelmaking nations. Even so, the latest data shows a 11.6% improvement over the year-ago (June 2020) total. More to the point, year-to-date steel output in the 64 countries tracked by the World Steel Assn. has passed 1 billion (1.004) metric tons and stands 14.4% higher than the six-month total for 2020. The World Steel Assn. figures represent about 98% of global raw-steel output – meaning carbon steel, produced in basic-oxygen or electric arc furnaces and cast into semi-finished forms like billets for bar and rod products; slabs for flat products; or blooms, for beam and pipe products. Specialty and stainless steel are accounted separately.
Veranese Promoted to CEO of AMI
With the continued growth and evolution of Advanced Manufacturing International, Inc. (AMI), the