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July 2004April Crude Steel Production Rose 6.5%Brussels— World crude steel production for the 62 countries reporting to the International Iron and Steel Institute stood at an estimated 83.4 million metric tons (mmt) in April. Global production increased by 6.5% compared to April 2003 and 8.4% year to date (YTD). China produced 20.9 mmt of crude steel in April. This is a rise of 20.6% on April 2003 and 24.5% YTD. Japan also showed an increase in April. Production rose to 9.2 mmt, up by 2.4% compared to the same month in 2003. Iran produced 730,000 tons of crude steel production in April, a rise of 12.8% on the same month in 2003. YTD production stands at 2.7 mmt, an increase of 8.2%. |