[Ferro-Alloys.com]
February 2024 crude steel production
World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 148.8 million tonnes (Mt) in February 2024, a 3.7% increase compared to February 2023.
Crude steel production by region
Africa produced 1.8 Mt in February 2024, up 8.1% on February 2023. Asia and Oceania produced 109.7 Mt, up 3.9%. The EU (27) produced 10.6 Mt, down 3.3%. Europe, Other produced 3.7 Mt, up 32.5%. The Middle East produced 4.2 Mt, up 10.8%. North America produced 8.7 Mt, down 1.3%. Russia & other CIS + Ukraine produced 6.7 Mt, down 2.5%. South America produced 3.5 Mt, up 10.5%.
Table 1. Crude steel production by region
Feb 2024 (Mt) | % change Feb 24/23 |
Jan-Feb 2024 (Mt) |
% change Jan-Feb 24/23 | |
Africa | 1.8 | 8.1 | 3.7 | 12.3 |
Asia and Oceania | 109.7 | 3.9 | 227.1 | 2.7 |
EU (27) | 10.6 | -3.3 | 21.1 | -0.9 |
Europe, Other | 3.7 | 32.5 | 7.6 | 27.2 |
Middle East | 4.2 | 10.8 | 8.9 | 17.0 |
North America | 8.7 | -1.3 | 17.7 | -2.2 |
Russia & other CIS + Ukraine | 6.7 | -2.5 | 13.7 | -0.7 |
South America | 3.5 | 10.5 | 7.1 | 4.8 |
Total 71 countries | 148.8 | 3.7 | 306.9 | 3.0 |
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 81.2 Mt in February 2024, up 3.5% on February 2023. India produced 11.8 Mt, up 11.4%. Japan produced 7.0 Mt, up 1.1%. The United States produced 6.5 Mt, down 1.2%. Russia is estimated to have produced 5.7 Mt, down 4.4%. South Korea produced 5.1 Mt, down 1.5%. Türkiye produced 3.1 Mt, up 46.6%. Germany produced 3.1 Mt, up 4.4%. Brazil produced 2.8 Mt, up 13.1%. Iran produced 2.2 Mt, up 14.3%.
Table 2. Top 10 steel-producing countries
Feb 2024 (Mt) | % change Feb 24/23 | Jan-Feb 2024 (Mt) | % change Jan-Feb 24/23 | ||
China | 81.2 | e | 3.5 | 168.0 | 1.6 |
India | 11.8 | 11.4 | 24.5 | 10.0 | |
Japan | 7.0 | 1.1 | 14.3 | 0.8 | |
United States | 6.5 | -1.2 | 13.0 | -2.6 | |
Russia | 5.7 | e | -4.4 | 11.7 | -3.2 |
South Korea | 5.1 | -1.5 | 10.8 | 0.2 | |
Türkiye | 3.1 | 46.6 | 6.3 | 34.5 | |
Germany | 3.1 | 4.4 | 6.2 | 4.6 | |
Brazil | 2.8 | 13.1 | 5.5 | 6.4 | |
Iran | 2.2 | 14.3 | 4.8 | 26.5 |
e – estimated. Ranking of top 10 producing countries is based on year-to-date aggregate
Source: worldsteel
- [Editor:邢亚敏]
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