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October 2023 Crude Steel Production
Source:https://www.refinermills.com/news/october-2023-crude-steel-production-72743938.html | Author:HKTX | Published time: 2023-11-23 | 137 Views | Share:

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.

 

Oct crude steel production

 

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 23/22Jan-Oct
2023 (Mt)
% change Jan-Oct 23/22
Africa1.93.518.24.3
Asia and Oceania108.80.81,165.21.6
EU (27)10.6-7.1106.8-8.8
Europe, Other3.6-0.234.2-8.6
Middle East5.05.043.40.0
North America9.30.091.6-2.8
Russia & other CIS + Ukraine7.412.973.73.1
South America3.4-8.734.2-6.7
Total 71 countries150.00.61,567.30.2

 

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 23/22Jan-Oct 2023 (Mt)% change Jan-Oct 23/22
China79.1
-1.8874.71.4
India12.1
15.1116.312.1
Japan7.5
2.672.9-3.0
United States6.8
3.467.4-0.8
Russia6.3e9.563.55.3
South Korea5.5
6.555.90.2
Germany2.9
-8.830.1-4.1
Türkiye3.0
4.227.5-8.8
Brazil2.6e-10.226.5-8.6
Iran3.1
3.525.1-0.1