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 24/23 Jan-Aug
2024 (Mt)
% change Jan-Aug 24/23
Africa 1.9 -7.2 14.7 1.9
Asia and Oceania 107.1 -8.0 926.7 -2.2
EU (27) 9.1 2.2 87.2 1.5
Europe, Other 3.7 8.4 29.6 8.4
Middle East 3.4 -3.2 35.5 3.0
North America 9.0 -3.8 71.4 -3.9
Russia & other CIS + Ukraine 7.0 -8.7 58.1 -1.8
South America 3.6 0.8 27.9 -0.4
Total 71 countries 144.8 -6.5 1,251.1 -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 24/23 Jan-Aug 2024 (Mt) % change Jan-Aug 24/23
China 77.9 -10.4 691.4 -3.3
India 12.3 2.6 98.5 6.5
Japan 6.9 -3.9 56.7 -2.9
United States 7.0 0.7 53.8 -1.7
Russia 5.8 e -11.5 48.5 -4.9
South Korea 5.5 -2.2 42.5 -5.5
Germany 2.9 0.5 25.4 4.0
Türkiye 3.1 13.8 24.8 14.8
Brazil 3.0 7.3 22.4 3.8
Iran 1.4 -9.9 19.8 1.9

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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