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Crude steel production decreases

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 152.8 million tonnes (Mt) in July 2024, a 4.7 percent decrease compared to July 2023.

Crude steel production by region
Africa produced 2.0 Mt in July 2024, up 4.0 percent on July 2023. Asia and Oceania produced 112.7 Mt, down 6.4 percent. The EU (27) produced 10.8 Mt, up 5.7 percent. Europe, Other produced 3.7 Mt, up 0.6 percent. The Middle East produced 3.7 Mt, down 10.1 percent. North America produced 8.8 Mt, down 2.4 percent. Russia & other CIS + Ukraine produced 7.5 Mt, down 0.8 percent. South America produced 3.7 Mt, up 6.0 percent.

Top 10 steel-producing countries
China produced 82.9 Mt in July 2024, down 9.0 percent on July 2023. India produced 12.3 Mt, up 6.8 percent. Japan produced 7.1 Mt, down 3.8 percent. The United States produced 6.9 Mt, up 2.1 percent. Russia is estimated to have produced 6.3 Mt, down 3.1 percent. South Korea produced 5.5 Mt, down 3.4 percent. Germany is estimated to have produced 3.1 Mt, up 4.8 percent. Turkey produced 3.1 Mt, up 4.0 percent. Brazil produced 3.1 Mt, up 11.6 percent. Iran produced 1.8 Mt, down 18.7 percent.

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