News Room - Steel Industry

Posted on 23 May 2024

April 2024 crude steel production

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 155.7 million tonnes (Mt) in April 2024, a 5.0% decrease compared to April 2023.

Crude steel production by region

Africa produced 1.8 Mt in April 2024, up 1.4% on April 2023. Asia and Oceania produced 114.8 Mt, down 5.8%. The EU (27) produced 11.3 Mt, up 1.1%. Europe, Other produced 3.4 Mt, down 2.6%. The Middle East produced 4.6 Mt, down 8.2%. North America produced 8.9 Mt, down 5.2%. Russia & other CIS + Ukraine produced 7.4 Mt, down 3.5%. South America produced 3.4 Mt, down 3.9%.

 

Table 1. Crude steel production by region

	Apr 2024 (Mt)	% change Apr 24/23	Jan-Apr 2024 (Mt)	% change Jan-Apr 24/23
Africa	1.8	1.4	7.4	6.6
Asia and Oceania	114.8	-5.8	461.8	-1.6
EU (27)	11.3	1.1	44.4	-0.6
Europe, Other	3.4	-2.6	14.7	13.9
Middle East	4.6	-8.2	18.3	6.2
North America	8.9	-5.2	35.8	-3.7
Russia & other CIS + Ukraine	7.4	-3.5	29.0	-0.6
South America	3.4	-3.9	14.0	1.2
Total 71 countries	155.7	-5.0	625.4	-0.9

 

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 85.9 Mt in April 2024, down 7.2% on April 2023. India produced 12.1 Mt, up 3.6%. Japan produced 7.1 Mt, down 2.5%. The United States produced 6.7 Mt, down 2.8%. Russia is estimated to have produced 6.2 Mt, down 5.7%. South Korea produced 5.1 Mt, down 10.4%. Germany is estimated to have produced 3.4 Mt, up 6.4%. Türkiye produced 2.8 Mt, up 4.5%. Brazil is estimated to have produced 2.7 Mt, down 2.1%. Iran is estimated to have produced 2.7 Mt, down 12.3%.

 

Table 2. Top 10 steel-producing countries

	Apr 2024 (Mt)		% change Apr 24/23	Jan-Apr 2024 (Mt)	% change Jan-Apr 24/23
China	85.9		-7.2	343.7	-3.0
India	12.1		3.6	49.5	8.5
Japan	7.1		-2.5	28.5	-1.2
United States	6.7		-2.8	26.5	-2.2
Russia	6.2	e	-5.7	24.6	-2.5
South Korea	5.1		-10.4	21.2	-5.1
Germany	3.4	e	6.4	13.1	6.1
Türkiye	2.8		4.5	12.3	22.1
Brazil	2.7	e	-2.1	11.0	4.0
Iran	2.7	e	-12.3	10.3	7.2

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

Source:World Steel Association