Crude races ahead

Global crude steel production raced ahead in the first quarter of 2000, but the UK has been left behind, according to figures from the International Iron and Steel Institute.

Production in the 63 countries which provide 98% of the world’s crude steel rose was 12% higher in the three months to March than in the same quarter in 1999, up from 181m tonnes to 203m tonnes. Production in the US rose by 16%, EU by 10% and the CIS by 26%.

But UK production rose by just 0.9% to 4.1m tonnes, not far ahead of Spain and behind France, Germany and Italy, the IISI said.