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China Beats The Next 10 In Steel, Added Up!

Deepak Shenoy1 min read
Quick Facts
What is "China Beats The Next 10 In Steel, Added Up!" about?
What category is this article in?
General
Who wrote this article?
Deepak Shenoy, Capitalmind's research team.
When was this article published?
Published 16 February 2011.
How long does this article take to read?
1 min read

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.

World Steel Production, 2010

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.