Posted on 28 Apr 2020
The crude steel output by world countries reporting to the World Steel Association (worldsteel) registered significant decline during the month of March 2020. The monthly production statistics suggests that output by 64 countries has dropped by nearly 6.0% over the previous year.
The world crude steel production totalled 147.1 million tonnes (Mt) in March this year, as compared with the output of 156.5 Mt a year before. China, India and Japan continued to be the world’s largest steel producers. All the above countries reported notable decline in output over the previous year. Among regions, all except Middle East and Other Europe posted reduced output.
The cumulative steel output during the first quarter of 2020 totalled 443.030 Mt. This compares with the output of 449.221 Mt in Jan-Mar ’19.
The table below provides the crude steel production data for the top ten producing nations in the month of March this year:
|
Rank |
Country |
Output |
|
1 |
China |
78,975 |
|
2 |
India |
8,650 |
|
3 |
Japan |
8,200 |
|
4 |
United States |
7,222 |
|
5 |
Russia |
5,850 |
|
6 |
South Korea |
5,776 |
|
7 |
Turkey |
3,110 |
|
8 |
Germany |
2,900 |
|
9 |
Brazil |
2,635 |
|
10 |
Iran |
2,250 |
Note: The above outputs are in thousand tonnes.
The region-wise steel output during March this year is listed out in the below table.
|
Region |
Output |
|
EU-28 |
12,029 |
|
Other Europe |
3,390 |
|
C.I.S |
8,260 |
|
North America |
9,657 |
|
South America |
3,260 |
|
Africa |
1,005 |
|
Middle East |
3,352 |
|
Asia |
105,688 |
|
Oceania |
413 |
Note: The above outputs are in thousand tonnes.
Source:Scrap Monster
