World crude steel production was 145.5 million tonnes (Mt) in November 2023, a 3.3% increase compared to November 2022.

  • Friday, December 22, 2023
  • Source:ferro-alloys.com

  • Keywords:market, mining industry,mine,steel,iron ore,
[Fellow]World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 145.5 million tonnes (Mt) in November 2023, a 3.3% increase compared to November 2022.

Ferro-alloys.com: World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 145.5 million tonnes (Mt) in November 2023, a 3.3% increase compared to November 2022.

Crude steel production by region

Africa produced 1.8 Mt in November 2023, up 3.1% on November 2022. Asia and Oceania produced 104.8 Mt, up 2.2%. The EU (27) produced 10.6 Mt, up 3.2%. Europe, Other produced 3.7 Mt, up 22.2%. The Middle East produced 4.8 Mt, up 4.0%. North America produced 8.9 Mt, up 3.1%. Russia & other CIS + Ukraine produced 7.4 Mt, up 14.8%. South America produced 3.5 Mt, down 0.6%.

 

Table 1. Crude steel production by region

  Nov 2023 (Mt) % change Nov 23/22 Jan-Nov
2023 (Mt)
% change Jan-Nov 23/22
Africa 1.8 3.1 20.1 4.5
Asia and Oceania 104.8 2.2 1,271.4 1.8
EU (27) 10.6 3.2 117.6 -7.8
Europe, Other 3.7 22.2 37.9 -6.3
Middle East 4.8 4.0 48.2 0.3
North America 8.9 3.1 100.2 -2.5
Russia & other CIS + Ukraine 7.4 14.8 81.4 4.4
South America 3.5 -0.6 38.3 -6.0
Total 71 countries 145.5 3.3 1,715.1 0.5

 

The 71 countries included in this table accounted for approximately 98% of total world crude steel production in 2022.

Regions and countries covered by the table:

  • Africa: Algeria, Egypt, Libya, Morocco, South Africa, Tunisia
  • Asia and Oceania: Australia, China, India, Japan, Mongolia, New Zealand, Pakistan, South Korea, Taiwan (China), Thailand, Viet Nam
  • European Union (27): Austria, Belgium, Bulgaria, Croatia, Czechia, Finland, France, Germany, Greece, Hungary, Italy, Luxembourg, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden
  • Europe, Other: Macedonia, Norway, Serbia, Türkiye, United Kingdom
  • Middle East: Bahrain, Iran, Iraq, Jordan, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, Yemen
  • 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

China produced 76.1 Mt in November 2023, up 0.4% on November 2022. India produced 11.7 Mt, up 11.4%. Japan produced 7.1 Mt, down 0.9%. The United States produced 6.6 Mt, up 6.1%. Russia is estimated to have produced 6.4 Mt, up 12.5%. South Korea produced 5.4 Mt, up 11.9%. Germany produced 2.7 Mt, down 2.4%. Türkiye produced 3.0 Mt, up 25.4%. Brazil produced 2.7 Mt, up 3.8%. Iran is estimated to have produced 3.0 Mt, up 7.6%.

 

Table 2. Top 10 steel-producing countries

  Nov 2023 (Mt)   % change Nov 23/22 Jan-Nov 2023 (Mt) % change Jan-Nov 23/22
China 76.1   0.4 952.1 1.5
India 11.7   11.4 128.2 12.1
Japan 7.1   -0.9 80.0 -2.8
United States 6.6   6.1 73.9 -0.5
Russia 6.4 e 12.5 70.2 6.4
South Korea 5.4   11.9 61.3 1.1
Germany 2.7   -2.4 32.8 -4.0
Türkiye 3.0   25.4 30.5 -6.1
Brazil 2.7   3.8 29.3 -7.1
Iran 3.0 e 7.6 28.1 0.6

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

  • [Editor:Alakay]

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