World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 148.1 million tonnes (Mt) in January 2024, a 1.6% decrease compared to January 2023.
Crude steel production by region
Africa produced 2.0 Mt in January 2024, up 16.3% on January 2023. Asia and Oceania produced 107.6 Mt, down 3.6%. The EU (27) produced 10.2 Mt, down 1.8%. Europe, Other produced 3.9 Mt, up 22.5%. The Middle East produced 4.7 Mt, up 23.1%. North America produced 9.2 Mt, down 2.1%. Russia & other CIS + Ukraine produced 7.2 Mt, up 4.0%. South America produced 3.4 Mt, down 6.3%.
Table 1. Crude steel production by region
|
Jan 2024 (Mt) |
% change Jan 24/23 |
Jan-Jan
2024 (Mt) |
% change Jan-Jan 24/23 |
| Africa |
2.0 |
16.3 |
2.0 |
16.3 |
| Asia and Oceania |
107.6 |
-3.6 |
107.6 |
-3.6 |
| EU (27) |
10.2 |
-1.8 |
10.2 |
-1.8 |
| Europe, Other |
3.9 |
22.5 |
3.9 |
22.5 |
| Middle East |
4.7 |
23.1 |
4.7 |
23.1 |
| North America |
9.2 |
-2.1 |
9.2 |
-2.1 |
| Russia & other CIS + Ukraine |
7.2 |
4.0 |
7.2 |
4.0 |
| South America |
3.4 |
-6.3 |
3.4 |
-6.3 |
| Total 71 countries |
148.1 |
-1.6 |
148.1 |
-1.6 |
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 77.2 Mt in January 2024, down 6.9% on January 2023. India produced 12.5 Mt, up 7.3%. Japan produced 7.3 Mt, up 0.6%. The United States produced 6.8 Mt, down 0.3%. Russia is estimated to have produced 6.2 Mt, up 1.2%. South Korea produced 5.7 Mt, up 1.5%. Türkiye produced 3.2 Mt, up 24.7%. Germany is estimated to have produced 2.9 Mt, down 0.9%. Iran produced 2.6 Mt, up 39.3%. Brazil is estimated to have produced 2.5 Mt, down 7.2%.
Table 2. Top 10 steel-producing countries
|
Jan 2024 (Mt) |
|
% change Jan 24/23 |
Jan-Jan 2024 (Mt) |
% change Jan-Jan 24/23 |
| China |
77.2 |
e |
-6.9 |
77.2 |
-6.9 |
| India |
12.5 |
|
7.3 |
12.5 |
7.3 |
| Japan |
7.3 |
|
0.6 |
7.3 |
0.6 |
| United States |
6.8 |
|
-0.3 |
6.8 |
-0.3 |
| Russia |
6.2 |
e |
1.2 |
6.2 |
1.2 |
| South Korea |
5.7 |
|
1.5 |
5.7 |
1.5 |
| Türkiye |
3.2 |
|
24.7 |
3.2 |
24.7 |
| Germany |
2.9 |
e |
-0.9 |
2.9 |
-0.9 |
| Iran |
2.6 |
|
39.3 |
2.6 |
39.3 |
| Brazil |
2.5 |
e |
-7.2 |
2.5 |
-7.2 |
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.