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August 2023 Crude Steel Production
Source:https://www.refinermills.com/news/august-2023-crude-steel-production-71397309.html | Author:HKTX | Published time: 2023-09-27 | 144 Views | Share:

World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 152.6 million tonnes (Mt) in August 2023, a 2.2% increase compared to August 2022.

 

Crude Steel Production

 

Crude steel production by region

Africa produced 1.5 Mt in August 2023, up 16.1% on August 2022. Asia and Oceania produced 115.7 Mt, up 3.5%. The EU (27) produced 9.1 Mt, down 4.4%. Europe, Other produced 3.4 Mt, down 3.2%. The Middle East produced 2.8 Mt, down 16.0%. North America produced 9.2 Mt, down 2.6%. Russia & other CIS + Ukraine produced 7.5 Mt, up 10.7%. South America produced 3.4 Mt, down 8.1%.

 

Table 1. Crude steel production by region

Aug 2023 (Mt)% change Aug 23/22Jan-Aug
2023 (Mt)
% change Jan-Aug 23/22
Africa1.516.110.68.2
Asia and Oceania115.73.5944.82.0
EU (27)9.1-4.485.7-9.8
Europe, Other3.4-3.227.2-10.6
Middle East2.8-16.029.00.4
North America9.2-2.673.1-3.8
Russia & other CIS + Ukraine7.510.758.80.8
South America3.4-8.127.1-7.5
Total 63 countries152.62.21,256.40.2

 

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 86.4 Mt in August 2023, up 3.2% on August 2022. India produced 11.9 Mt, up 17.4%. Japan produced 7.1 Mt, down 2.9%. The United States produced 7.0 Mt, up 1.1%. Russia is estimated to have produced 6.4 Mt, up 8.9%. South Korea produced 5.6 Mt, down 5.9%. Germany produced 2.8 Mt, down 1.0%. Türkiye produced 2.8 Mt, down 2.9%. Brazil produced 2.7 Mt, down 5.9%. Iran produced 1.6 Mt, down 24.1%.

 

Table 2. Top 10 steel-producing countries

Aug 2023 (Mt)
% change Aug 23/22Jan-Aug 2023 (Mt)% change Jan-Aug 23/22
China86.4
3.2712.92.6
India11.9
17.492.210.5
Japan7.1
-2.958.4-3.8
United States7.0
1.153.8-1.9
Russia6.4e8.950.83.9
South Korea5.6
-5.945.0-2.3
Germany2.8
-1.024.3-4.2
Türkiye2.8
-2.921.6-12.1
Brazil2.7
-5.921.3-8.3
Iran1.6
-24.119.71.1