Data from the World Steel Organization for 2010 is in, and there’s an incredible show out there. China, with 626 million tons of production, is greater than the next 10 countries, added up.
India is fifth in the list, with 66.85 million tons.
Four producers are in the top 50 – Tata Steel, SAIL, JSW and Essar, in that order.
Consider this: China’s trying to slow down. If they won’t use that capacity, where does it go? Exactly.
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