Metal Recycling

World crude steel production increases

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 152.1 million tonnes (Mt) in October 2024, a 1.0 percent increase compared to October 2023.

Crude steel production by region
Africa produced 2.0 Mt in October 2024, down 0.4 percent on October 2023. Asia and Oceania produced 111.3 Mt, up 1.7 percent. The EU (27) produced 11.3 Mt, up 5.5 percent. Europe, Other produced 3.4 Mt, down 6.2 percent. The Middle East produced 5.0 Mt, up 5.4 percent. North America produced 8.8 Mt, down 3.6 percent. Russia & other CIS + Ukraine produced 6.7 Mt, down 12.2 percent. South America produced 3.8 Mt, up 7.2 percent.

Crude steel production by region
Africa produced 2.0 Mt in October 2024, down 0.4 percent on October 2023. Asia and Oceania produced 111.3 Mt, up 1.7 percent. The EU (27) produced 11.3 Mt, up 5.5 percent. Europe, Other produced 3.4 Mt, down 6.2 percent. The Middle East produced 5.0 Mt, up 5.4 percent. North America produced 8.8 Mt, down 3.6 percent. Russia & other CIS + Ukraine produced 6.7 Mt, down 12.2 percent. South America produced 3.8 Mt, up 7.2 percent.

Top 10 steel-producing countries
China produced 81.9 Mt in October 2024, up 2.9 percent on October 2023. India produced 12.5 Mt, up 1.7 percent. Japan produced 6.9 Mt, down 7.8 percent. The United States produced 6.6 Mt, down 2.0 percent. Russia is estimated to have produced 5.6 Mt, down 15.2 percent. South Korea produced 5.4 Mt, down 1.8 percent. Germany produced 3.2 Mt, up 14.7 percent. Turkey produced 3.0 Mt, up 0.7 percent. Brazil produced 3.1 Mt, up 16.2 percent. Iran produced 3.0 Mt, down 1.9 percent.

Published January 2025

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