Air Freight News

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 24/23Jan-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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