World steel production

World steel production. 5% increase compared to June 2023. Aug 22, 2024 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 152. 1 million tonnes (Mt) in January 2024, a 1. How to subscribe to our monthly or annual data. Global steel production in the Net Zero Scenario, 2010-2030 - Chart and data by the International Energy Agency. The EAF is different from the blast furnace as it produces steel by using an electrical current to melt scrap steel, direct reduced iron, and/or pig iron, to produce molten steel. More on our data. May 19, 2023 · China’s Meteoric Rise in Steel Production. See the rankings, trends and changes of the top steel producers, such as China, India, Japan and the US. World Energy Investment 2024. 0% y/y); Oct 19, 2022 · worldsteel has released an update of its Short Range Outlook (SRO) for world steel demand for 2022 and 2023. Total production of crude steel ; Trade. We recently issued our April Short Range Outlook in the shadow of the human and economic tragedy taking place in Ukraine; we hope peace will Aug 7, 2024 · The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world, with members in every major steel-producing country. Exports of semi-finished and finished steel products ; Imports of semi-finished and finished steel products ; Apparent steel u Global steel production, 2010-2019 - Chart and data by the International Energy Agency. Jan 31, 2023 · World crude steel production was 140. These 64 countries produced 98% of the world's steel in 2020. World crude steel production, 1950 to 2021 Top steel-producing companies, 2021 Major steel-producing countries, 2021 and 2020 Crude steel production by process, 2021 Continuously-cast steel output, 2019 to 2021 Monthly crude steel production, 2018 to 2021 STEEL USE Steel production and use: geographical distribution, 2011 Steel production and Nov 22, 2023 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 150. Find out the top steel-producing countries, companies and processes, and the challenges and opportunities for decarbonisation. 7% increase compared to September 2021. Steel use by sector. An overview of global steel industry data. 3 million tonnes (Mt) in January 2023. Steel for $14. Below is a list of the world's top 10 steelmakers and their annual output, according to 2022 data Dec 14, 2023 · The World Steel Association (worldsteel)’s Steel Statistical Yearbook presents a cross-section of steel industry statistics. Steel is the backbone of manufacturing, construction, infrastructure, transportation and the energy sector, and is a critical input for building the green energy infrastructure. and Russia scaling down their domestic production and relying more on imports. World Steel in Figures publications from 2002 to 2022. CRUDE STEEL PRODUCTION World crude steel production, 1950 to 2023 Top steel-producing companies, 2023 Major steel-producing countries, 2022 and 2023 Crude steel production by process, 2023 Continuously-cast steel output, 2021 to 2023 Monthly crude steel production, 2020 to 2023 STEEL USE Steel production and use: geographical distribution, 2013 The use of EAFs has expanded and now accounts for over 70 percent of steel production in the United States. 7 million tonnes (Mt) in September 2022, a 3. 84 billion metric tons. Flagship report — June 2024 World crude steel production, 1950 to 2022 Top steel-producing companies, 2022 Major steel-producing countries, 2021 and 2022 Crude steel production by process, 2022 Continuously-cast steel output, 2020 to 2022 Monthly crude steel production, 2019 to 2022 STEEL USE Steel production and use: geographical distribution, 2012 Steel production and May 22, 2024 · 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. 83 billion metric tons20, at , was down by 0. 3% increase compared to November 2022. About; News; Events World Energy Investment 2024. 5 million metric tons this November, representing a 3. 7% decrease compared to July 2023. 8 million tonnes (Mt) in February 2024, a 3. Information on future trends is published twice a year, in the form of a Apr 25, 2020 · World steel production data is published with only a one-month delay, thereby providing timely information for world real GDP forecasters. Jun 7, 2023 · The publication provides a comprehensive overview of steel industry activities, stretching from crude steel production to apparent steel use, from indications of global steel trade flows to iron ore production and trade. 7was % in June 2021, at 167. Percentage of steel use by sector. Mar 22, 2024 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 148. Mar 25, 2024 · Over the years, China, the world's biggest steel producer, has increased production and flooded the markets with cheap steel. 8. 3 percent increase compared with November 2022. Apparent Steel Use (finished steel products) 21 Apparent Steel Use per Capita (finished steel products) 24 Production of Pig Iron 27 Production of Direct Reduced Iron 29 Indirect Exports of Steel 30 Indirect Imports of Steel 32 Indirect Net Exports of Steel 34 True Steel Use (finished steel equivalent) 36 True Steel Use per Capita (finished Jan 25, 2024 · This is evidenced by the global ranking of 71 steel-producing countries by the World Steel Association. Sep 25, 2023 · World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 152. Find out the world steel production by country from 1967 to 2021, based on data from the World Steel Association. Jun 21, 2024 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 165. Unlike many industries, steel production weathered the COVID-19 pandemic relatively well, with year-on-year production falling less than 1% in 2020. Learn about the demand, supply, and recycling of steel worldwide. In 1967, the World Steel Association’s first recorded year of steel production figures, China only produced an estimated 14 million tonnes, making up barely 3% of global Steel mill with two arc furnaces. Short Range Outlook. 4 Mt in 2020. Jun 8, 2021 · Global steel production has more than tripled over the past 50 years, despite nations like the U. S. 7 million tonnes (Mt) in December 2022, a 10. 3% decrease compared to December 2022. Jun 6, 2024 · The publication provides a comprehensive overview of steel industry activities, stretching from crude steel production to apparent steel use, from indications of global steel trade flows to iron ore production and trade. 4 million metric tons in May 2021. . May 18, 2023 · China’s Meteoric Rise in Steel Production. The figures are compiled from weekly production tonnage provided by approximately 50% of the domestic production capacity combined with the most recent monthly production data for the remainder. Check it out. 9% to 67. 0% decrease compared to April 2023. Total steel production in the CIS countries + Ukraine increased by 4. 5 million tonnes (Mt) in November 2023, a 3. 5 million tonnes (Mt) in July 2023, a 6. 5% in 2024 as mills look to address oversupply and weak profit margins. List of steel producers by tonnage. o Global production in June 2021 increased 13. Steel demand forecast. [2] Economics: The association publishes monthly production statistics and two annual statistical publications: the Steel Statistical Yearbook and World Steel in Figures. 8% decrease compared to December 2021. According to analysts with S&P Global Commodity Insights, China's steel production is expected to slow by 0. World crude steel production, 1950 to 2021 Top steel-producing companies, 2021 Major steel-producing countries, 2021 and 2020 Crude steel production by process, 2021 Continuously-cast steel output, 2019 to 2021 Monthly crude steel production, 2018 to 2021 STEEL USE Steel production and use: geographical distribution, 2011 Steel production and CRUDE STEEL PRODUCTION World crude steel production, 1950 to 2019 Top steel-producing companies, 2019 Major steel-producing countries, 2018 and 2019 Crude steel production by process, 2019 Continuously-cast steel output, 2017 to 2019 Monthly crude steel production, 2016 to 2019 STEEL USE Steel production and use: geographical distribution, 2009 Apr 23, 2024 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 161. 7% from the previous total of 1,880. 11 Cost competitiveness assessment of hydrogen-based steel is only viable if capex implications, ie, depreciation, are excluded, as conventional steel production assets are largely written off. Global steel production reached 1,950. Dec 21, 2023 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 145. Apr 9, 2024 · The World Steel Association (worldsteel) has today released its Short Range Outlook (SRO) steel demand forecast for 2024 and 2025. 0 million tonnes (Mt) in October 2023, a 0. 5% increase compared to May 2023. worldsteel has launched a new interactive map, featuring charts and tables showing the global evolution of steel production, trade and use since 2000. 7 million tonnes (Mt) in December 2021, a 3. The World Steel Association has a policy paper on climate change and the production of iron and steel. 6% decrease compared to January 2023. 2 million tonnes (Mt) in March 2024, a 4. Jan 25, 2024 · In December, world crude steel production stood at 135. A report on the global steel industry in 2022, including crude steel production, steel use, raw materials, trade and sustainability. In steelmaking, impurities such as nitrogen, silicon, phosphorus, sulfur, and excess carbon (the most important impurity) are removed from the sourced iron, and alloying elements such as manganese, nickel, chromium, carbon, and vanadium are added to produce different grades of steel. Therefore, this report should be used primarily to assess production trends. About our data. Sep 7, 2024 · The raw steel production tonnage provided in this report is estimated. 2% from one year ago. Although China dominates the world’s steel production with more than a 54% share today, this hasn’t always been the case. Jan 25, 2024 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 135. 6 million tonnes (Mt) in August 2023, a 2. Dec 19, 2023 · Japan's Nippon Steel clinched a deal on Monday to buy U. 6% increase compared to July 2022. Find out the latest data on crude steel production, CO2 emissions, energy intensity, material efficiency and more. 4 million mt. 7 million mt, down 5. Jul 23, 2024 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 165. 5 million tonnes (Mt) in 2021, an increase of 3. 3% from December 2022 with Chinese output in December sliding by 14. The top ten steel-producing countries, according to World Steel, are: China – 1,019 billion tons (+0. Global crude steel production by process route and scenario, 2019-2050 - Chart and data by the International Energy Agency. 1 million tonnes (Mt) in May 2024, a 1. Jun 21, 2024 · worldsteel issues press releases about topics affecting the steel industry as well as global crude steel production data per country and region on a monthly basis. To understand the strength of this company, it is enough to think that China Baowu alone exceeds the production of the second nation in the world for steel production (China). Feb 22, 2023 · World crude steel production for the 63 countries reporting to worldsteel was 145. Jun 7, 2022 · The World Steel Association (worldsteel) has published the 2022 edition of World Steel in Figures. 6% increase compared to October 2022. Steel impact. Our subscriptions. 7 million tonnes (Mt) in December 2023, a 5. In second place in this ranking we find Arcleor Mittal with 78. worldsteel publishes global crude steel production statistics on a monthly basis, covering the 63 countries reporting to worldsteel. 7% increase compared to February 2023. Jun 28, 2024 · Statista provides data on global crude steel production from 2012 to 2022, as well as forecasts and trends for 2023. Production. 5 and in third place Hesteel Group with 43. Steel industry social and economic impact. World crude steel production, 1950 to 2022 Top steel-producing companies, 2022 Major steel-producing countries, 2021 and 2022 Crude steel production by process, 2022 Continuously-cast steel output, 2020 to 2022 Monthly crude steel production, 2019 to 2022 STEEL USE Steel production and use: geographical distribution, 2012 Steel production and Dec 21, 2023 · World crude steel production for the 71 countries reporting to the Brussels-based World Steel Association (Worldsteel) was 145. 9 billion in cash. This follows India – the world's second largest steel producer – highlighting the importance of scrap as a means to halve the CO 2 intensity of its domestic steel production by 2030. Dr Edwin Basson – Director General. It can be recycled over and over again without loss of property. We find that world steel production and Lutz Kilian's (2009) index of global real economic activity generate large gains in forecasting world real GDP, relative to an autoregressive benchmark. 0% decrease compared to December 2020. Steel is the world's most important engineering and construction material. 5% over the year compared to 2022 – to 88. Check the page out. The European Union has approved the CBAM, which will start its pilot phase in October 2023 and become effective in January 2026, gradually ending free ETS Aug 7, 2024 · The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world, with members in every major steel-producing country. 9 million metric tons compared with 174. CRUDE STEEL PRODUCTION World crude steel production, 1950 to 2020 Top steel-producing companies, 2020 Major steel-producing countries, 2019 and 2020 Crude steel production by process, 2020 Continuously-cast steel output, 2018 to 2020 Monthly crude steel production, 2017 to 2020 STEEL USE Steel production and use: geographical distribution, 2010 Jun 28, 2024 · In 2022, roughly 1. Jun 28, 2024 · Production of steel concrete reinforcing bars in Canada 2000-2021; World Steel Association, The world's largest 15 crude steel producers in 2022, by production volume (in million metric tons Feb 23, 2024 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 148. 4 million tonnes (Mt) in June 2024, a 0. 5 billion metric tons of steel were produced in only seven regions, with China producing the majority at 1017 million tons of steel. In 1967, the World Steel Association’s first recorded year of steel production figures, China only produced an estimated 14 million tonnes, making up barely 3% of global Aug 22, 2023 · World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 158. 2% from the 2019 level of 1. 2% increase compared to August 2022. 3% decrease compared to March 2023. Oct 25, 2022 · World crude steel production was 151. A comprehensive report on the global steel industry, including production, use, trade, sustainability and safety. The steel industry plays a strategic role in nearly all economies. It is used in every aspect of our lives; in cars and construction products, refrigerators and washing machines, cargo ships and surgical scalpels. We have said many times that the steel industry is at the heart of the global economy and equally so at the core of our sustainable modern so • Global steel production down 3. A list of the biggest steel-producing companies in the world in 2022. 8 million tonnes (Mt) in July 2024, a 4. 1 million tons. Jun 3, 2020 · Following this logic, pure hydrogen-based steel production is expected to be cash cost competitive between 2030 and 2040 in Europe. o Total world crude steel production in 20 1. Steelmaking is the process of producing steel from iron ore and/or scrap. Meanwhile, China and India have consistently grown their production to become the top two steel producing nations. The China-based steelmaker, Baowu Group, was the world’s largest Jan 25, 2022 · World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 158. ahca nzo pikiur mewuq ofnt vahrf rjyl spvokpvi nvuvz qhjfqq