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February 2023 Crude Steel Production
Source:https://worldsteel.org/media-centre/press-releases/2023/february-2023-crude-steel-production/ | Author:HKTX | Published time: 2023-03-24 | 66 Views | 🔊 Click to read aloud ❚❚ | Share:

World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 142.4 million tonnes (Mt) in February 2023, a 1.0% decrease compared to February 2022.

Crude Steel Production

Crude steel production by region

Africa produced 1.1 Mt in February 2023, down 11.9% on February 2022. Asia and Oceania produced 106.6 Mt, up 3.0%. The EU (27) produced 10.5 Mt, down 12.6%. Europe, Other produced 2.7 Mt, down 24.9%. The Middle East produced 3.5 Mt, up 11.5%. North America produced 8.3 Mt, down 5.5%. Russia & other CIS + Ukraine produced 6.4 Mt, down 21.3%. South America produced 3.2 Mt, down 3.1%.

 

Table 1. Crude steel production by region

Feb 2023 (Mt)% change Feb 23/22Jan-Feb
2023 (Mt)
% change Jan-Feb 23/22
Africa1.1-11.92.4-8.0
Asia and Oceania106.63.0223.93.0
EU (27)10.5-12.620.7-14.3
Europe, Other2.7-24.95.9-21.8
Middle East3.511.57.417.1
North America8.3-5.517.4-5.7
Russia & other CIS + Ukraine6.4-21.313.3-20.7
South America3.2-3.16.8-2.1
Total 63 countries142.4-1.0297.8-0.8

 

The 63 countries included in this table accounted for approximately 97% of total world crude steel production in 2022. Regions and countries covered by the table:


Africa: Egypt, Libya, South Africa, Tunisia

Asia and Oceania: Australia, China, India, Japan, Mongolia, New Zealand, Pakistan, South Korea, Taiwan (China), Thailand, Viet Nam

European Union (27)

Europe, Other: Macedonia, Norway, Serbia, Türkiye, United Kingdom

Middle East: Iran, Qatar, Saudi Arabia, United Arab Emirates

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 80.1 Mt in February 2023, up 5.6% on February 2022. India produced 10.0 Mt, down 1.0%. Japan produced 6.9 Mt, down 5.3%. The United States produced 6.0 Mt, down 5.3%. Russia is estimated to have produced 5.6 Mt, down 8.6%. South Korea produced 5.2 Mt, up 1.1%. Germany produced 3.0 Mt, down 6.9%. Brazil produced 2.5 Mt, down 6.7%. Iran is estimated to have produced 2.4 Mt, up 14.6%. Türkiye produced 2.1 Mt, down 28.9%.

 

Table 2. Top 10 steel-producing countries

Feb 2023 (Mt)
% change Feb 23/22Jan-Feb 2023 (Mt)% change Jan-Feb 23/22
China80.1e5.6168.75.6
India10.0
-1.021.31.0
Japan6.9
-5.314.1-6.1
United States6.0
-5.312.6-5.6
Russia5.6e-8.611.7-5.4
South Korea5.2
1.111.1-1.0
Germany3.0
-6.95.9-8.6
Brazil2.5
-6.75.3-5.8
Iran2.4e14.65.121.1
Türkiye2.1
-28.94.7-23.1

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