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Metal Recycling

January 2024 crude steel production

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

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

Top 10 steel-producing countries
China is estimated to have produced 77.2 Mt in January 2024, down 6.9 percent on January 2023. India produced 12.5 Mt, up 7.3 percent. Japan produced 7.3 Mt, up 0.6 percent. The United States produced 6.8 Mt, down 0.3 percent. Russia is estimated to have produced 6.2 Mt, up 1.2 percent. South Korea produced 5.7 Mt, up 1.5 percent. Turkey produced 3.2 Mt, up 24.7 percent. Germany is estimated to have produced 2.9 Mt, down 0.9 percent. Iran produced 2.6 Mt, up 39.3 percent. Brazil is estimated to have produced 2.5 Mt, down 7.2 percent.

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