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.