24 September 2024 Brussels, Belgium

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 144.8 million tonnes (Mt) in August 2024, a 6.5% decrease compared to August 2023.

Crude steel production by region

Africa produced 1.9 Mt in August 2024, down 7.2% on August 2023. Asia and Oceania produced 107.1 Mt, down 8.0%. The EU (27) produced 9.1 Mt, up 2.2%. Europe, Other produced 3.7 Mt, up 8.4%. The Middle East produced 3.4 Mt, down 3.2%. North America produced 9.0 Mt, down 3.8%. Russia & other CIS + Ukraine produced 7.0 Mt, down 8.7%. South America produced 3.6 Mt, up 0.8%.

 

Table 1. Crude steel production by region

Aug 2024 (Mt)% change Aug 24/23Jan-Aug
2024 (Mt)
% change Jan-Aug 24/23
Africa1.9-7.214.71.9
Asia and Oceania107.1-8.0926.7-2.2
EU (27)9.12.287.21.5
Europe, Other3.78.429.68.4
Middle East3.4-3.235.53.0
North America9.0-3.871.4-3.9
Russia & other CIS + Ukraine7.0-8.758.1-1.8
South America3.60.827.9-0.4
Total 71 countries144.8-6.51,251.1-1.5

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 produced 77.9 Mt in August 2024, down 10.4% on August 2023. India produced 12.3 Mt, up 2.6%. Japan produced 6.9 Mt, down 3.9%. The United States produced 7.0 Mt, up 0.7%. Russia is estimated to have produced 5.8 Mt, down 11.5%. South Korea produced 5.5 Mt, down 2.2%. Germany produced 2.9 Mt, down 0.5%. Türkiye produced 3.1 Mt, up 13.8%. Brazil produced 3.0 Mt, up 7.3%. Iran produced 1.4 Mt, down 9.9%.

 

Table 2. Top 10 steel-producing countries

Aug 2024 (Mt) % change Aug 24/23Jan-Aug 2024 (Mt)% change Jan-Aug 24/23
China77.9-10.4691.4-3.3
India12.32.698.56.5
Japan6.9-3.956.7-2.9
United States7.00.753.8-1.7
Russia5.8e-11.548.5-4.9
South Korea5.5-2.242.5-5.5
Germany2.90.525.44.0
Türkiye3.113.824.814.8
Brazil3.07.322.43.8
Iran1.4-9.919.81.9

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.
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