News Room - Steel Industry

Posted on 22 Jun 2023

World Steel Association: May Crude Steel Production Down 5.1%

World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 161.6 million tonnes (Mt) in May 2023, a 5.1% decrease compared to May 2022.

Crude steel production by region

Africa produced 1.3 Mt in May 2023, up 18.6% on May 2022. Asia and Oceania produced 119.5 Mt, down 6.0%. The EU (27) produced 11.6 Mt, down 11.2%. Europe, Other produced 3.7 Mt, down 7.7%. The Middle East produced 4.4 Mt, up 4.3%. North America produced 9.6 Mt, down 3.7%. Russia & other CIS + Ukraine produced 7.9 Mt, up 11.5%. South America produced 3.6 Mt, down 5.2%.

The 63 countries included in this table accounted for approximately 97% of total world crude steel production in 2022. Regions and countries covered by the table:

• Africa: Egypt, Libya, South Africa, Tunisia
• Asia and Oceania: Australia, China, India, Japan, Mongolia, New Zealand, Pakistan, South Korea, Taiwan (China), Thailand, Viet Nam
• European Union (27)
• Europe, Other: Macedonia, Norway, Serbia, Türkiye, United Kingdom
• Middle East: Iran, Qatar, Saudi Arabia, United Arab Emirates
• 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 90.1 Mt in May 2023, down 7.3% on May 2022. India produced 11.2 Mt, up 4.1%. Japan produced 7.6 Mt, down 5.2%. The United States produced 6.9 Mt, down 2.3%. Russia is estimated to have produced 6.8 Mt, up 8.8%. South Korea produced 5.8 Mt, down 0.1%. Germany produced 3.2 Mt, up 0.2%. Brazil produced 2.8 Mt, down 5.5%. Türkiye produced 2.9 Mt, down 10.4%. Iran produced 3.3 Mt, up 8.8%.

Source:World Steel Association