World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 161.2 million tonnes (Mt) in March 2024, a 4.3% decrease compared to March 2023.
Crude steel production by region
Africa produced 1.9 Mt in March 2024, up 1.1% on March 2023. Asia and Oceania produced 118.3 Mt, down 5.8%. The EU (27) produced 11.6 Mt, down 4.3%. Europe, Other produced 3.9 Mt, up 11.0%. The Middle East produced 4.8 Mt, up 4.0%. North America produced 9.5 Mt, down 1.4%. Russia & other CIS + Ukraine produced 7.8 Mt, up 1.5%. South America produced 3.5 Mt, down 0.2%.
Table 1. Crude steel production by region
|
Mar 2024 (Mt) |
% change Mar 24/23 |
Jan-Mar
2024 (Mt) |
% change Jan-Mar 24/23 |
| Africa |
1.9 |
1.1 |
5.6 |
8.3 |
| Asia and Oceania |
118.3 |
-5.8 |
345.9 |
-0.4 |
| EU (27) |
11.6 |
-4.3 |
33.0 |
-1.4 |
| Europe, Other |
3.9 |
11.0 |
11.3 |
20.5 |
| Middle East |
4.8 |
4.0 |
13.7 |
12.1 |
| North America |
9.5 |
-1.4 |
27.2 |
-1.9 |
| Russia & other CIS + Ukraine |
7.8 |
1.5 |
21.8 |
1.6 |
| South America |
3.5 |
-0.2 |
10.6 |
3.2 |
| Total 71 countries |
161.2 |
-4.3 |
469.1 |
0.5 |
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 88.3 Mt in March 2024, down 7.8% on March 2023. India produced 12.7 Mt, up 7.8%. Japan produced 7.2 Mt, down 3.9%. The United States produced 6.9 Mt, the same as in March 2023. Russia is estimated to have produced 6.6 Mt, up 0.8%. South Korea produced 5.3 Mt, down 9.5%. Germany produced 3.5 Mt, up 8.4%. Türkiye produced 3.2 Mt, up 18.0%. Brazil produced 2.8 Mt, up 5.6%. Iran produced 2.8 Mt, up 2.0%.
Table 2. Top 10 steel-producing countries
|
Mar 2024 (Mt) |
|
% change Mar 24/23 |
Jan-Mar 2024 (Mt) |
% change Jan-Mar 24/23 |
| China |
88.3 |
|
-7.8 |
256.6 |
-1.9 |
| India |
12.7 |
|
7.8 |
37.3 |
9.7 |
| Japan |
7.2 |
|
-3.9 |
21.5 |
-0.8 |
| United States |
6.9 |
|
0.0 |
19.9 |
-1.6 |
| Russia |
6.6 |
e |
0.8 |
18.7 |
-0.2 |
| South Korea |
5.3 |
|
-9.5 |
16.2 |
-2.5 |
| Germany |
3.5 |
|
8.4 |
9.7 |
6.0 |
| Türkiye |
3.2 |
|
18.0 |
9.5 |
28.4 |
| Brazil |
2.8 |
|
5.6 |
8.3 |
6.2 |
| Iran |
2.8 |
|
2.0 |
7.6 |
16.3 |
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.