Only days ago, I wrote about this in my analysis of global steel output per capita. See: World Steel Output Says You Have Been Living in the Great Global Super Depression Since 2008
Now World Steel reports that year-over-year steel output is down 5.8% for March. Keep in mind that March 2021, a year ago, fell during a Covid-19 lock down year when lock downs were at peak. Now, one year later, when supposed recovery is under way, steel output is lower!
Gab It
