October 2024 crude steel production

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World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 151.2 million tonnes (Mt) in October 2024, a 0.4% increase compared to October 2023.

Crude steel production by region

Africa produced 2.0 Mt in October 2024, down 0.4% on October 2023. Asia and Oceania produced 110.3 Mt, up 0.9%. The EU (27) produced 11.3 Mt, up 5.7%. Europe, Other produced 3.4 Mt, down 6.2%. The Middle East produced 5.0 Mt, up 5.4%. North America produced 8.8 Mt, down 3.6%. Russia & other CIS + Ukraine produced 6.7 Mt, down 12.2%. South America produced 3.8 Mt, up 7.2%.

Table 1. Crude steel production by region

	Oct 2024 (Mt)	% change Oct 24/23	Jan-Oct 2024 (Mt)	% change Jan-Oct 24/23
Africa	2.0	-0.4	18.6	1.9
Asia and Oceania	110.3	0.9	1,142.7	-2.1
EU (27)	11.3	5.7	109.3	2.1
Europe, Other	3.4	-6.2	36.5	6.3
Middle East	5.0	5.4	44.1	1.3
North America	8.8	-3.6	88.8	-3.8
Russia & other CIS + Ukraine	6.7	-12.2	71.4	-3.8
South America	3.8	7.2	35.3	1.2
Total 71 countries	151.2	0.4	1,546.6	-1.6

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 81.9 Mt in October 2024, up 2.9% on October 2023. India produced 12.5 Mt, up 1.7%. Japan produced 6.9 Mt, down 7.8%. The United States produced 6.6 Mt, down 2.0%. Russia is estimated to have produced 5.6 Mt, down 15.2%. South Korea produced 4.5 Mt, down 18.3%. Germany produced 3.2 Mt, up 14.7%. Türkiye produced 3.0 Mt, up 0.7%. Brazil produced 3.1 Mt, up 16.2%. Iran produced 3.0 Mt, down 1.9%.

Table 2. Top 10 steel-producing countries

	Oct 2024 (Mt)		% change Oct 24/23	Jan-Oct 2024 (Mt)	% change Jan-Oct 24/23
China	81.9		2.9	850.7	-3.0
India	12.5		1.7	123.0	5.6
Japan	6.9		-7.8	70.2	-3.7
United States	6.6		-2.0	66.7	-1.9
Russia	5.6	e	-15.2	59.4	-6.8
South Korea	4.5		-18.3	52.3	-6.4
Germany	3.2		14.7	31.6	5.0
Türkiye	3.0		0.7	30.9	12.4
Brazil	3.1		16.2	28.4	6.0
Iran	3.0		-1.9	25.0	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.
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