worldsteel: August 2023 crude steel production increase 2.2% YoY

  • Tuesday, September 26, 2023
  • Source:ferro-alloys.com

  • Keywords:World crude steel production
[Fellow]World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 152.6 million tonnes (Mt) in August 2023, a 2.2% increase compared to August 2022.

[Ferro-Alloys.com]

World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 152.6 million tonnes (Mt) in August 2023, a 2.2% increase compared to August 2022.

Crude steel production by region

Africa produced 1.5 Mt in August 2023, up 16.1% on August 2022. Asia and Oceania produced 115.7 Mt, up 3.5%. The EU (27) produced 9.1 Mt, down 4.4%. Europe, Other produced 3.4 Mt, down 3.2%. The Middle East produced 2.8 Mt, down 16.0%. North America produced 9.2 Mt, down 2.6%. Russia & other CIS + Ukraine produced 7.5 Mt, up 10.7%. South America produced 3.4 Mt, down 8.1%.

The 63 countries included in this table accounted for approximately 97% of total world crude steel production in 2022. Regions and countries covered by the table:

Table 1. Crude steel production by region

 

Aug 2023 (Mt)

% change Aug 23/22

Jan-Aug
2023 (Mt)

% change Jan-Aug 23/22

Africa

1.5

16.1

10.6

8.2

Asia and Oceania

115.7

3.5

944.8

2

EU (27)

9.1

-4.4

85.7

-9.8

Europe, Other

3.4

-3.2

27.2

-10.6

Middle East

2.8

-16

29

0.4

North America

9.2

-2.6

73.1

-3.8

Russia & other CIS + Ukraine

7.5

10.7

58.8

0.8

South America

3.4

-8.1

27.1

-7.5

Total 63 countries

152.6

2.2

1,256.40

0.2

Africa: Egypt, Libya, South Africa, Tunisia

Asia and Oceania: Australia, China, India, Japan, Mongolia, New Zealand, Pakistan, South Korea, Taiwan (China), Thailand, Viet Nam

European Union (27)

Europe, Other: Macedonia, Norway, Serbia, Türkiye, United Kingdom

Middle East: Iran, Qatar, Saudi Arabia, United Arab Emirates

North America: Canada, Cuba, El Salvador, Guatemala, Mexico, United States

Russia & other CIS + Ukraine: Belarus, Kazakhstan, Russia, Ukraine

South America: Argentina, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay, Venezuela

 

Top 10 steel-producing countries

Table 2. Top 10 steel-producing countries

 

Aug 2023 (Mt)

 

% change Aug 23/22

Jan-Aug 2023 (Mt)

% change Jan-Aug 23/22

China

86.4

 

3.2

712.9

2.6

India

11.9

 

17.4

92.2

10.5

Japan

7.1

 

-2.9

58.4

-3.8

United States

7

 

1.1

53.8

-1.9

Russia

6.4

e

8.9

50.8

3.9

South Korea

5.6

 

-5.9

45

-2.3

Germany

2.8

 

-1

24.3

-4.2

Türkiye

2.8

 

-2.9

21.6

-12.1

Brazil

2.7

 

-5.9

21.3

-8.3

Iran

1.6

 

-24.1

19.7

1.1

e – estimated. Ranking of top 10 producing countries is based on year-to-date aggregate

China produced 86.4 Mt in August 2023, up 3.2% on August 2022. India produced 11.9 Mt, up 17.4%. Japan produced 7.1 Mt, down 2.9%. The United States produced 7.0 Mt, up 1.1%. Russia is estimated to have produced 6.4 Mt, up 8.9%. South Korea produced 5.6 Mt, down 5.9%. Germany produced 2.8 Mt, down 1.0%. Türkiye produced 2.8 Mt, down 2.9%. Brazil produced 2.7 Mt, down 5.9%. Iran produced 1.6 Mt, down 24.1%.

  • [Editor:kangmingfei]

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