World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 148.8 million tonnes (Mt) in February 2024, a 3.7% increase compared to February 2023.
Crude steel production by region
Africa produced 1.8 Mt in February 2024, up 8.1% on February 2023. Asia and Oceania produced 109.7 Mt, up 3.9%. The EU (27) produced 10.6 Mt, down 3.3%. Europe, Other produced 3.7 Mt, up 32.5%. The Middle East produced 4.2 Mt, up 10.8%. North America produced 8.7 Mt, down 1.3%. Russia & other CIS + Ukraine produced 6.7 Mt, down 2.5%. South America produced 3.5 Mt, up 10.5%.
Table 1. Crude steel production by region
|
Feb 2024 (Mt) |
% change Feb 24/23 |
Jan-Feb
2024 (Mt) |
% change Jan-Feb 24/23 |
| Africa |
1.8 |
8.1 |
3.7 |
12.3 |
| Asia and Oceania |
109.7 |
3.9 |
227.1 |
2.7 |
| EU (27) |
10.6 |
-3.3 |
21.1 |
-0.9 |
| Europe, Other |
3.7 |
32.5 |
7.6 |
27.2 |
| Middle East |
4.2 |
10.8 |
8.9 |
17.0 |
| North America |
8.7 |
-1.3 |
17.7 |
-2.2 |
| Russia & other CIS + Ukraine |
6.7 |
-2.5 |
13.7 |
-0.7 |
| South America |
3.5 |
10.5 |
7.1 |
4.8 |
| Total 71 countries |
148.8 |
3.7 |
306.9 |
3.0 |
The 71 countries included in this table accounted for approximately 98% of total world crude steel production in 2023.
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 is estimated to have produced 81.2 Mt in February 2024, up 3.5% on February 2023. India produced 11.8 Mt, up 11.4%. Japan produced 7.0 Mt, up 1.1%. The United States produced 6.5 Mt, down 1.2%. Russia is estimated to have produced 5.7 Mt, down 4.4%. South Korea produced 5.1 Mt, down 1.5%. Türkiye produced 3.1 Mt, up 46.6%. Germany produced 3.1 Mt, up 4.4%. Brazil produced 2.8 Mt, up 13.1%. Iran produced 2.2 Mt, up 14.3%.
Table 2. Top 10 steel-producing countries
|
Feb 2024 (Mt) |
|
% change Feb 24/23 |
Jan-Feb 2024 (Mt) |
% change Jan-Feb 24/23 |
| China |
81.2 |
e |
3.5 |
168.0 |
1.6 |
| India |
11.8 |
|
11.4 |
24.5 |
10.0 |
| Japan |
7.0 |
|
1.1 |
14.3 |
0.8 |
| United States |
6.5 |
|
-1.2 |
13.0 |
-2.6 |
| Russia |
5.7 |
e |
-4.4 |
11.7 |
-3.2 |
| South Korea |
5.1 |
|
-1.5 |
10.8 |
0.2 |
| Türkiye |
3.1 |
|
46.6 |
6.3 |
34.5 |
| Germany |
3.1 |
|
4.4 |
6.2 |
4.6 |
| Brazil |
2.8 |
|
13.1 |
5.5 |
6.4 |
| Iran |
2.2 |
|
14.3 |
4.8 |
26.5 |
e – estimated. Ranking of top 10 producing countries is based on year-to-date aggregate
Notes to Editors:
- The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world, with members in every major steel-producing country. worldsteel represents steel producers, national and regional steel industry associations, and steel research institutes. Members represent around 85% of global steel production.
- worldsteel makes a limited set of data available free of charge via the Steel Data Viewer. A subscription with access to the iron and crude steel production data for all other countries is available for €1,485 via the worldsteel bookshop. This subscription includes access to 20 years of data in the Steel Statistical Yearbook. Please contact subscribers@worldsteel.org with any questions.
- Information on capacity can be found on the OECD website.