worldsteel Association: September 2024 crude steel production
Oct 22, 2024
World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 143.6 million tonnes (Mt) in September 2024, a 4.7% decrease compared to September 2023.
Crude steel production by region
Africa produced 1.9 Mt in September 2024, up 2.6% on September 2023. Asia and Oceania produced 105.3 Mt, down 5.0%. The EU (27) produced 10.5 Mt, up 0.3%. Europe, Other produced 3.6 Mt, up 4.1%. The Middle East produced 3.5 Mt, down 23.0%. North America produced 8.6 Mt, down 3.4%. Russia & other CIS + Ukraine produced 6.8 Mt, down 7.6%. South America produced 3.5 Mt, up 3.3%.
Table 1. Crude steel production by region
| Sep 2024 (Mt) | % change Sep 24/23 | Jan-Sep 2024 (Mt) | % change Jan-Sep 24/23 | |
| Africa | 1.9 | 2.6 | 16.6 | 2.3 |
| Asia and Oceania | 105.3 | -5.0 | 1,032.0 | -2.5 |
| EU (27) | 10.5 | 0.3 | 97.8 | 1.5 |
| Europe, Other | 3.6 | 4.1 | 33.1 | 7.8 |
| Middle East | 3.5 | -23.0 | 38.4 | -1.5 |
| North America | 8.6 | -3.4 | 80.0 | -3.9 |
| Russia & other CIS + Ukraine | 6.8 | -7.6 | 64.9 | -2.5 |
| South America | 3.5 | 3.3 | 31.4 | 0.0 |
| Total 71 countries | 143.6 | -4.7 | 1,394.1 | -1.9 |
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 77.1 Mt in September 2024, down 6.1% on September 2023. India produced 11.7 Mt, down 0.2%. Japan produced 6.6 Mt, down 5.8%. The United States produced 6.7 Mt, up 1.2%. Russia is estimated to have produced 5.6 Mt, down 10.3%. South Korea produced 5.5 Mt, up 1.3%. Germany produced 3.0 Mt, up 4.3%. Türkiye produced 3.1 Mt, up 6.5%. Brazil produced 2.8 Mt, up 9.9%. Iran is estimated to have produced 1.5 Mt, down 41.2%.
Table 2. Top 10 steel-producing countries
| Sep 2024 (Mt) | % change Sep 24/23 | Jan-Sep 2024 (Mt) | % change Jan-Sep 24/23 | ||
| China | 77.1 | -6.1 | 768.5 | -3.6 | |
| India | 11.7 | -0.2 | 110.3 | 5.8 | |
| Japan | 6.6 | -5.8 | 63.3 | -3.2 | |
| United States | 6.7 | 1.2 | 60.3 | -1.6 | |
| Russia | 5.6 | e | -10.3 | 54.0 | -5.5 |
| South Korea | 5.5 | 1.3 | 48.1 | -4.6 | |
| Germany | 3.0 | 4.3 | 28.4 | 4.0 | |
| Türkiye | 3.1 | 6.5 | 27.9 | 13.8 | |
| Brazil | 2.8 | 9.9 | 25.2 | 4.4 | |
| Iran | 1.5 | e | -41.2 | 21.3 | -3.1 |
e – estimated. Ranking of top 10 producing countries is based on year-to-date aggregate
Similar Stories
CBP, partners seize more than $18 million in fake Gibson guitars in largest counterfeit musical instrument seizure on record
View ArticleDHL Express report provides guidance for small and medium-sized enterprises (SMEs) on expanding to global markets
• SMEs can grow business and increase competitiveness by trading their products and services internationally • Access to finance, technology adoption and favorable trade policies can significantly boost SME's participation…
View Article
Italian steel handling specialist Transped boosts efficiency with upgrade to Konecranes Gottwald ESP.7 Mobile Harbor Crane
View Article
Breakbulk making a comeback in Pacific Northwest
View Article
WorldACD Weekly Air Cargo Trends (week 46) - 2024
View ArticleOctober 2024 crude steel production
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…
View ArticleGet the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
