News Room - Steel Industry

Posted on 23 Oct 2024

September 2024 crude steel production

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 24/23	Jan-Sep 2024 (Mt)	% change Jan-Sep 24/23
Africa	1.9	2.6	16.6	2.3
Asia and Oceania	105.3	-5.0	1,032.0	-2.5
EU (27)	10.5	0.3	97.8	1.5
Europe, Other	3.6	4.1	33.1	7.8
Middle East	3.5	-23.0	38.4	-1.5
North America	8.6	-3.4	80.0	-3.9
Russia & other CIS + Ukraine	6.8	-7.6	64.9	-2.5
South America	3.5	3.3	31.4	0.0
Total 71 countries	143.6	-4.7	1,394.1	-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 24/23	Jan-Sep 2024 (Mt)	% change Jan-Sep 24/23
China	77.1		-6.1	768.5	-3.6
India	11.7		-0.2	110.3	5.8
Japan	6.6		-5.8	63.3	-3.2
United States	6.7		1.2	60.3	-1.6
Russia	5.6	e	-10.3	54.0	-5.5
South Korea	5.5		1.3	48.1	-4.6
Germany	3.0		4.3	28.4	4.0
Türkiye	3.1		6.5	27.9	13.8
Brazil	2.8		9.9	25.2	4.4
Iran	1.5	e	-41.2	21.3	-3.1

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

 

Source:World Steel Association