News Room - Steel Industry

Posted on 24 Nov 2023

World Steel Association: October 2023 crude steel production Marginally Higher

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.

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%.

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

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%.

Source:World Steel Association