World Steel Association stats "do not correspond" to RZS data

The Serbian national statistical office RZS said on Monday that World Steel Association figures indicating a 38.9 increase in Serbian crude steel production in January-November 2018 did not correspond to official RZS data.

14 Jan 2019 18:18

BELGRADE - The Serbian national statistical office RZS said on Monday that World Steel Association figures indicating a 38.9 increase in Serbian crude steel production in January-November 2018 did not correspond to official RZS data.


In a statement, the RZS said a monthly report obtained from companies indicated a 13.1 pct increase in base metals production compared to the same period of 2017.

The indicator is a "result of data from statistical units and the applied index calculation methodology," it said.


"We do not know what the information about a 38.9 pct increase in crude steel production in 2018 was derived from, or from what - or whose - sources it was obtained from," the RZS noted.


The World Steel Association said on its website last week that Serbia had registered the world's highest increase in crude steel output in 2018 with a 38.9 pct growth of production.

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