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July 2023 Crude Steel Production
Source:https://www.refinermills.com/news/july-2023-crude-steel-production-70453727.html | Author:HKTX | Published time: 2023-08-28 | 167 Views | Share:

World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 158.5 million tonnes (Mt) in July 2023, a 6.6% increase compared to July 2022.

 

Crude Steel Production

 

Crude steel production by region

Africa produced 1.4 Mt in July 2023, up 26.1% on July 2022. Asia and Oceania produced 119.9 Mt, up 9.1%. The EU (27) produced 10.3 Mt, down 7.1%. Europe, Other produced 3.6 Mt, up 5.1%. The Middle East produced 3.1 Mt, down 3.9%. North America produced 9.4 Mt, down 1.2%. Russia & other CIS + Ukraine produced 7.4 Mt, up 9.3%. South America produced 3.4 Mt, down 8.4%.

 

Table 1. Crude steel production by region

Jul 2023 (Mt)% change Jul 23/22Jan-Jul
2023 (Mt)
% change Jan-Jul 23/22
Africa1.426.19.07.0
Asia and Oceania119.99.1828.41.7
EU (27)10.3-7.176.7-10.3
Europe, Other3.65.123.8-11.7
Middle East3.1-3.926.22.3
North America9.4-1.264.1-3.5
Russia & other CIS + Ukraine7.49.351.2-0.8
South America3.4-8.423.7-7.4
Total 63 countries158.56.61,103.2-0.1

 

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 90.8 Mt in July 2023, up 11.5% on July 2022. India produced 11.5 Mt, up 14.3%. Japan produced 7.4 Mt, up 0.9%. The United States produced 6.9 Mt, up 0.5%. Russia is estimated to have produced 6.3 Mt, up 5.8%. South Korea produced 5.7 Mt, down 9.0%. Germany produced 3.0 Mt, down 0.5%. Türkiye produced 2.9 Mt, up 6.4%. Brazil produced 2.7 Mt, down 4.7%. Iran produced 2.0 Mt, down 1.5%.

 

Table 2. Top 10 steel-producing countries

Jul 2023 (Mt)
% change Jul 23/22Jan-Jul 2023 (Mt)% change Jan-Jul 23/22
China90.8
11.5626.52.5
India11.5
14.379.99.0
Japan7.4
0.951.2-3.9
United States6.9
0.546.8-2.3
Russia6.3e5.844.22.8
South Korea5.7
-9.039.4-1.8
Germany3.0
-0.521.5-4.6
Türkiye2.9
6.418.8-13.5
Brazil2.7
-4.718.6-8.6
Iran2.0
-1.518.14.1

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