October 2023 crude steel production

October 2023 crude steel production

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 150.0 million tonnes (Mt) in October 2023, a 0.6% increase compared to October 2022.

Crude steel production by region

Africa produced 1.9 Mt in October 2023, up 3.5% on October 2022. Asia and Oceania produced 108.8 Mt, up 0.8%. The EU (27) produced 10.6 Mt, down 7.1%. Europe, Other produced 3.6 Mt, down 0.2%. The Middle East produced 5.0 Mt, up 5.0%. North America produced 9.3 Mt, the same as in October 2022. Russia & other CIS + Ukraine produced 7.4 Mt, up 12.9%. South America produced 3.4 Mt, down 8.7%.

 

Table 1. Crude steel production by region

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

Africa
1.9
3.5
18.2
4.3

Asia and Oceania
108.8
0.8
1,165.2
1.6

EU (27)
10.6
-7.1
106.8
-8.8

Europe, Other
3.6
-0.2
34.2
-8.6

Middle East
5.0
5.0
43.4
0.0

North America
9.3
0.0
91.6
-2.8

Russia & other CIS + Ukraine
7.4
12.9
73.7
3.1

South America
3.4
-8.7
34.2
-6.7

Total 71 countries
150.0
0.6
1,567.3
0.2

 

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

* Countries added in November 2023

 

Top 10 steel-producing countries

China produced 79.1 Mt in October 2023, down 1.8% on October 2022. India produced 12.1 Mt, up 15.1%. Japan produced 7.5 Mt, up 2.6%. The United States produced 6.8 Mt, up 3.4%. Russia is estimated to have produced 6.3 Mt, up 9.5%. South Korea produced 5.5 Mt, up 6.5%. Germany produced 2.9 Mt, down 8.8%. Türkiye produced 3.0 Mt, up 4.2%. Brazil is estimated to have produced 2.6 Mt, down 10.2%. Iran produced 3.1 Mt, up 3.5%.

 

Table 2. Top 10 steel-producing countries

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

China
79.1

-1.8
874.7
1.4

India
12.1

15.1
116.3
12.1

Japan
7.5

2.6
72.9
-3.0

United States
6.8

3.4
67.4
-0.8

Russia
6.3
e
9.5
63.5
5.3

South Korea
5.5

6.5
55.9
0.2

Germany
2.9

-8.8
30.1
-4.1

Türkiye
3.0

4.2
27.5
-8.8

Brazil
2.6
e
-10.2
26.5
-8.6

Iran
3.1

3.5
25.1
-0.1

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 €1,285  via the worldsteel bookshop. This subscription includes access to 20 years of data in the Steel Statistical Yearbooks. Please contact subscribers@worldsteel.org with any questions.
Information on capacity can be found on the OECD website.

Source link : https://worldsteel.org/media/press-releases/2023/october-2023-crude-steel-production/

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Publish date : 2023-11-22 08:00:00

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