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May 2023 Crude Steel Production
Source:https://worldsteel.org/media-centre/press-releases/2023/may-2023-crude-steel-production/ | Author:HKTX | Published time: 2023-07-10 | 159 Views | Share:

World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 161.6 million tonnes (Mt) in May 2023, a 5.1% decrease compared to May 2022.

Crude steel production

Crude steel production

 

 

Crude steel production by region

Africa produced 1.3 Mt in May 2023, up 18.6% on May 2022. Asia and Oceania produced 119.5 Mt, down 6.0%. The EU (27) produced 11.6 Mt, down 11.2%. Europe, Other produced 3.7 Mt, down 7.7%. The Middle East produced 4.4 Mt, up 4.3%. North America produced 9.6 Mt, down 3.7%. Russia & other CIS + Ukraine produced 7.9 Mt, up 11.5%. South America produced 3.6 Mt, down 5.2%.

 

Table 1. Crude steel production by region

May 2023 (Mt)% change May 23/22Jan-May
2023 (Mt)
% change Jan-May 23/22
Africa1.318.66.32.6
Asia and Oceania119.5-6.0588.40.7
EU (27)11.6-11.256.0-10.4
Europe, Other3.7-7.716.6-16.3
Middle East4.44.318.71.1
North America9.6-3.745.9-3.6
Russia & other CIS + Ukraine7.911.536.9-3.8
South America3.6-5.217.1-5.9
Total 63 countries161.6-5.1786.0-1.2

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 produced 90.1 Mt in May 2023, down 7.3% on May 2022. India produced 11.2 Mt, up 4.1%. Japan produced 7.6 Mt, down 5.2%. The United States produced 6.9 Mt, down 2.3%. Russia is estimated to have produced 6.8 Mt, up 8.8%. South Korea produced 5.8 Mt, down 0.1%. Germany produced 3.2 Mt, up 0.2%. Brazil produced 2.8 Mt, down 5.5%. Türkiye produced 2.9 Mt, down 10.4%. Iran produced 3.3 Mt, up 8.8%.

 

Table 2. Top 10 steel-producing countries

May 2023 (Mt)
% change May 23/22Jan-May 2023 (Mt)% change Jan-May 23/22
China90.1
-7.3444.61.6
India11.2
4.156.45.7
Japan7.6
-5.236.5-5.3
United States6.9
-2.333.1-3.4
Russia6.8e8.832.11.9
South Korea5.8
-0.128.1-0.4
Germany3.2
0.215.6-4.7
Brazil2.8
-5.513.4-8.1
Türkiye2.9
-10.413.0-19.1
Iran3.3
8.813.02.2

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

 

Notes to Editors:

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. worldsteel represents steel producers, national and regional steel industry associations, and steel research institutes. Members represent around 85% of global steel production.

A subscription with access to the iron and crude steel production for the 63 countries reporting to worldsteel on a monthly basis is available for €1,285 via the worldsteel bookshop. This subscription includes access to 20 years of data in the Steel Statistical Yearbooks. Please contact subscribers@worldsteel.org with any questions.

Information on capacity can be found on the OECD website.