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Crude steel production decreases

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 144.8 million tonnes (Mt) in August 2024, a 6.5 percent decrease compared to August 2023.

Crude steel production by region
Africa produced 1.9 Mt in August 2024, down 7.2 percent on August 2023. Asia and Oceania produced 107.1 Mt, down 8.0 percent. The EU (27) produced 9.1 Mt, up 2.2 percent. Europe, Other produced 3.7 Mt, up 8.4 percent. The Middle East produced 3.4 Mt, down 3.2 percent. North America produced 9.0 Mt, down 3.8 percent. Russia and other CIS + Ukraine produced 7.0 Mt, down 8.7 percent. South America produced 3.6 Mt, up 0.8 percent.

Top 10 steel-producing countries
China produced 77.9 Mt in August 2024, down 10.4 percent on August 2023. India produced 12.3 Mt, up 2.6 percent. Japan produced 6.9 Mt, down 3.9 percent. The United States produced 7.0 Mt, up 0.7 percent. Russia is estimated to have produced 5.8 Mt, down 11.5 percent. South Korea produced 5.5 Mt, down 2.2 percent. Germany produced 2.9 Mt, down 0.5 percent. Turkey produced 3.1 Mt, up 13.8 percent. Brazil produced 3.0 Mt, up 7.3 percent. Iran produced 1.4 Mt, down 9.9 percent.

 

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