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World Steel Production in November
Global crude steel production rose 3.7% year-on-year to 136.3 Mt in November, according to the World Steel Association, with production in January-November 2017 up 5.4% annually. Output increased in a number of major steel producing regions in November, including the EU-28 (+3.2% to 14.0 Mt), India (+4.2% to 8.4 Mt), Japan (+1.0% to 8.7 Mt) and the US (+8.5% to 6.7 Mt).