December 2023 crude steel production and 2023 global crude steel production totals

December 2023 crude steel production and 2023 global crude steel production totals

December 2023 crude steel production

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 135.7 million tonnes (Mt) in December 2023, a 5.3% decrease compared to December 2022.

Crude steel production by region

Africa produced 1.9 Mt in December 2023, up 17.7% on December 2022. Asia and Oceania produced 96.4 Mt, down 9.7%. The EU (27) produced 9.1 Mt, up 2.7%. Europe, Other produced 3.9 Mt, up 19.4%. The Middle East produced 4.9 Mt, up 9.6%. North America produced 9.3 Mt, up 5.3%. Russia & other CIS + Ukraine produced 7.1 Mt, up 11.8%. South America produced 3.2 Mt, down 3.2%.

Table 1. Crude steel production by region

Dec 2023 (Mt)
% change Dec 23/22
Jan-Dec
2023 (Mt)
% change Jan-Dec 23/22

Africa
1.9
17.7
22.0
5.7

Asia and Oceania
96.4
-9.7
1,367.2
0.7

EU (27)
9.1
2.7
126.3
-7.4

Europe, Other
3.9
19.4
41.7
-4.6

Middle East
4.9
9.6
53.2
1.3

North America
9.3
5.3
109.6
-1.7

Russia & other CIS + Ukraine
7.1
11.8
88.1
4.5

South America
3.2
-3.2
41.5
-5.7

Total 71 countries
135.7
-5.3
1,849.7
-0.1

The 71 countries included in this table accounted for approximately 98% of total world crude steel production in 2022.

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 67.4 Mt in December 2023, down 14.9% on December 2022. India produced 12.1 Mt, up 9.5%. Japan produced 7.0 Mt, up 1.1%. The United States produced 6.8 Mt, up 7.6%. Russia is estimated to have produced 6.0 Mt, up 4.3%. South Korea produced 5.4 Mt, up 2.7%. Germany produced 2.6 Mt, down 2.3%. Türkiye produced 3.2 Mt, up 21.2%. Brazil produced 2.5 Mt, up 0.9%. Iran produced 2.9 Mt, up 12.1%.

Table 2. Top 10 steel-producing countries

Dec 2023 (Mt)
 
% change Dec 23/22
Jan-Dec 2023 (Mt)
% change Jan-Dec 23/22

China
67.4

-14.9
1,019.1
0.0

India
12.1

9.5
140.2
11.8

Japan
7.0

1.1
87.0
-2.5

United States
6.8

7.6
80.7
0.2

Russia
6.0
e
4.3
75.8
5.6

South Korea
5.4

2.7
66.7
1.3

Germany
2.6

-2.3
35.4
-3.9

Türkiye
3.2

21.2
33.7
-4.0

Brazil
2.5

0.9
31.9
-6.5

Iran
2.9

12.1
31.1
1.8

e – estimated. Ranking of the top 10 producing countries is based on year-to-date aggregate

2023 global crude steel production totals

Total world crude steel production was 1,888.2 Mt in 2023. Please see the Steel Data Viewer for the complete listing of annual production totals by country.

Table 3: 2023 global crude steel production 

e – annual figure estimated using partial data or non-worldsteel resources.

* The world total production figure in this table includes estimates of other countries that only report annually.

#Ends#

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.

Source link : https://worldsteel.org/media/press-releases/2024/december-2023-crude-steel-production-and-2023-global-totals/

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Publish date : 2024-01-25 08:00:00

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