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Worldsteel published the latest figures of world crude steel production
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worldsteel figures: Top 10 steel-producing countries 2024

Worldsteel: Figures of World Crude Steel Production

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Autor: B S

Datum: 26. Feb. 2024

February 2024 | Worldsteel published the latest figures of world crude steel production.

According to World Steel Association (worldsteel), world crude steel production for the 71 countries reporting to the association was 148.1 million tonnes (Mt) in January 2024, a 1.6% decrease compared to January 2023.

Crude steel production by region

Africa produced 2.0 Mt in January 2024, up 16.3% on January 2023. Asia and Oceania produced 107.6 Mt, down 3.6%. The EU (27) produced 10.2 Mt, down 1.8%. Europe, Other produced 3.9 Mt, up 22.5%. The Middle East produced 4.7 Mt, up 23.1%. North America produced 9.2 Mt, down 2.1%. Russia & other CIS + Ukraine produced 7.2 Mt, up 4.0%. South America produced 3.4 Mt, down 6.3%.

worldsteel production by region

The 71 countries included in this table accounted for approximately 98% of total world crude steel production in 2023.

Top 10 steel-producing countries

worldsteel figures: Top 10 steel-producing countries 2024

China is estimated to have produced 77.2 Mt in January 2024, down 6.9% on January 2023. India produced 12.5 Mt, up 7.3%. Japan produced 7.3 Mt, up 0.6%. The United States produced 6.8 Mt, down 0.3%. Russia is estimated to have produced 6.2 Mt, up 1.2%. South Korea produced 5.7 Mt, up 1.5%. Türkiye produced 3.2 Mt, up 24.7%. Iran produced 2.6 Mt, up 39.3%. Brazil is estimated to have produced 2.5 Mt, down 7.2%.

Germany is estimated to have produced 2.9 Mt, down 0.9%.

More information

The World Steel Association (worldsteel) is one of the largest industry associations in the world, with members in every major steel-producing country. worldsteel represents steel producers, national and regional steel industry associations, and steel research institutes. Members represent around 85% of global steel production.

worldsteel makes a limited set of data available free of charge via the Steel Data Viewer. Please contact subscribers@worldsteel.org with any questions.

 

(Source: worldsteel/2024)