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With nearly 2/3 of February’s global steel production increase coming from a resurgence in China, output rose 4.2% to 4.110 million tonnes per day (mtpd), in line with the typical seasonal uptick of 4.6%.

Increases included a seasonal 7.8% increase in the EU, as well as pick-ups in the Middle East (up 11.3%), South America (up 6.9%), China (up 5.3%), Asia ex-China (up 2.8%), and North America (up 0.8% with the US up 0.7%).  The most meaningful decline was recorded by Turkey, with production falling 5.1%, while output was down a nominal 0.2% in the CIS.

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