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worldsteel Association: September 2024 crude steel production

6 hours ago

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 24/23Jan-Sep
2024 (Mt)
% change Jan-Sep 24/23
Africa1.92.616.62.3
Asia and Oceania105.3-5.01,032.0-2.5
EU (27)10.50.397.81.5
Europe, Other3.64.133.17.8
Middle East3.5-23.038.4-1.5
North America8.6-3.480.0-3.9
Russia & other CIS + Ukraine6.8-7.664.9-2.5
South America3.53.331.40.0
Total 71 countries143.6-4.71,394.1-1.9

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 24/23Jan-Sep 2024 (Mt)% change Jan-Sep 24/23
China77.1-6.1768.5-3.6
India11.7-0.2110.35.8
Japan6.6-5.863.3-3.2
United States6.71.260.3-1.6
Russia5.6e-10.354.0-5.5
South Korea5.51.348.1-4.6
Germany3.04.328.44.0
Türkiye3.16.527.913.8
Brazil2.89.925.24.4
Iran1.5e-41.221.3-3.1

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

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