World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 165.1 million tonnes (Mt) in May 2024, a 1.5% increase compared to May 2023.
Crude steel production by region
Africa produced 1.8 Mt in May 2024, up 0.9% on May 2023. Asia and Oceania produced 122.1 Mt, up 1.6%. The EU (27) produced 11.7 Mt, up 1.8%. Europe, Other produced 3.9 Mt, up 6.2%. The Middle East produced 5.2 Mt, up 4.6%. North America produced 9.4 Mt, down 0.9%. Russia & other CIS + Ukraine produced 7.7 Mt, up 2.8%. South America produced 3.3 Mt, down 8.2%.
Table 1. Crude steel production by region
|
May 2024 (Mt) |
% change May 24/23 |
Jan-May
2024 (Mt) |
% change Jan-May 24/23 |
| Africa |
1.8 |
0.9 |
9.2 |
5.4 |
| Asia and Oceania |
122.1 |
1.6 |
586.2 |
-0.6 |
| EU (27) |
11.7 |
1.8 |
56.1 |
-0.1 |
| Europe, Other |
3.9 |
6.2 |
18.6 |
12.4 |
| Middle East |
5.2 |
4.6 |
24.0 |
7.7 |
| North America |
9.4 |
-0.9 |
45.2 |
-3.0 |
| Russia & other CIS + Ukraine |
7.7 |
2.8 |
36.7 |
0.1 |
| South America |
3.3 |
-8.2 |
17.3 |
-1.4 |
| Total 71 countries |
165.1 |
1.5 |
793.2 |
-0.1 |
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 92.9 Mt in May 2024, up 2.7% on May 2023. India produced 12.2 Mt, up 3.5%. Japan produced 7.2 Mt, down 6.3%. The United States produced 6.9 Mt, down 1.5%. Russia is estimated to have produced 6.3 Mt, down 0.9%. South Korea produced 5.2 Mt, down 10.9%. Germany produced 3.2 Mt, down 1.9%. Türkiye produced 3.2 Mt, up 11.6%. Iran produced 3.3 Mt, up 2.1%. Brazil produced 2.6 Mt, down 7.4%.
Table 2. Top 10 steel-producing countries
|
May 2024 (Mt) |
|
% change May 24/23 |
Jan-May 2024 (Mt) |
% change Jan-May 24/23 |
| China |
92.9 |
|
2.7 |
438.6 |
-1.4 |
| India |
12.2 |
|
3.5 |
61.9 |
7.7 |
| Japan |
7.2 |
|
-6.3 |
35.7 |
-2.3 |
| United States |
6.9 |
|
-1.5 |
33.4 |
-2.4 |
| Russia |
6.3 |
e |
-0.9 |
30.9 |
-2.5 |
| South Korea |
5.2 |
|
-10.9 |
26.4 |
-6.3 |
| Germany |
3.2 |
|
-1.9 |
16.2 |
3.7 |
| Türkiye |
3.2 |
|
11.6 |
15.5 |
19.8 |
| Iran |
3.3 |
|
2.1 |
14.0 |
9.1 |
| Brazil |
2.6 |
e |
-7.4 |
13.6 |
0.6 |
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.