March 12, 2024
World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 148.1 million tonnes (Mt) in January 2024, a 1.6% decrease compared to January 2023.
Crude steel production by region
Africa produced 2.0 Mt in January 2024, up 16.3% on January 2023. Asia and Oceania produced 107.6 Mt, down 3.6%. The EU (27) produced 10.2 Mt, down 1.8%. Europe, Other produced 3.9 Mt, up 22.5%. The Middle East produced 4.7 Mt, up 23.1%. North America produced 9.2 Mt, down 2.1%. Russia & other CIS + Ukraine produced 7.2 Mt, up 4.0%. South America produced 3.4 Mt, down 6.3%.
Table 1. Crude steel production by region
| Jan 2024 (Mt) | % change Jan 24/23 | Jan-Jan 2024 (Mt) |
% change Jan-Jan 24/23 | |
| Africa | 2.0 | 16.3 | 2.0 | 16.3 |
| Asia and Oceania | 107.6 | -3.6 | 107.6 | -3.6 |
| EU (27) | 10.2 | -1.8 | 10.2 | -1.8 |
| Europe, Other | 3.9 | 22.5 | 3.9 | 22.5 |
| Middle East | 4.7 | 23.1 | 4.7 | 23.1 |
| North America | 9.2 | -2.1 | 9.2 | -2.1 |
| Russia & other CIS + Ukraine | 7.2 | 4.0 | 7.2 | 4.0 |
| South America | 3.4 | -6.3 | 3.4 | -6.3 |
| Total 71 countries | 148.1 | -1.6 | 148.1 | -1.6 |
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 is estimated to have produced 77.2 Mt in January 2024, down 6.9% on January 2023. India produced 12.5 Mt, up 7.3%. Japan produced 7.3 Mt, up 0.6%. The United States produced 6.8 Mt, down 0.3%. Russia is estimated to have produced 6.2 Mt, up 1.2%. South Korea produced 5.7 Mt, up 1.5%. Türkiye produced 3.2 Mt, up 24.7%. Germany is estimated to have produced 2.9 Mt, down 0.9%. Iran produced 2.6 Mt, up 39.3%. Brazil is estimated to have produced 2.5 Mt, down 7.2%.
Table 2. Top 10 steel-producing countries
| Jan 2024 (Mt) | % change Jan 24/23 | Jan-Jan 2024 (Mt) | % change Jan-Jan 24/23 | ||
| China | 77.2 | e | -6.9 | 77.2 | -6.9 |
| India | 12.5 | 7.3 | 12.5 | 7.3 | |
| Japan | 7.3 | 0.6 | 7.3 | 0.6 | |
| United States | 6.8 | -0.3 | 6.8 | -0.3 | |
| Russia | 6.2 | e | 1.2 | 6.2 | 1.2 |
| South Korea | 5.7 | 1.5 | 5.7 | 1.5 | |
| Türkiye | 3.2 | 24.7 | 3.2 | 24.7 | |
| Germany | 2.9 | e | -0.9 | 2.9 | -0.9 |
| Iran | 2.6 | 39.3 | 2.6 | 39.3 | |
| Brazil | 2.5 | e | -7.2 | 2.5 | -7.2 |
e – estimated. Ranking of top 10 producing countries is based on year-to-date aggregate
Source: World Steel Association
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