Industry News

February 23, 2024 | Brussels, Belgium

In January 2024, the global crude steel output of the 71 countries included in the statistics of the World Steel Association was 148.1 million tons, a year-on-year decrease of 1.6%.

Global crude steel production in January 2024

In January 2024, the global crude steel output of the 71 countries included in the statistics of the World Steel Association was 148.1 million tons, a year-on-year decrease of 1.6%.

Crude Steel Production by Region

In January 2024, Africa's crude steel output was 2 million tons, a year-on-year increase of 16.3%; Asia and Oceania's crude steel output was 107.6 million tons, a year-on-year decrease of 3.6%; the European Union (27 countries) crude steel output was 10.2 million tons, a year-on-year decrease 1.8%; crude steel production in other European countries was 3.9 million tons, a year-on-year increase of 22.5%; Middle East crude steel production was 4.7 million tons, a year-on-year increase of 23.1%; North American crude steel production was 9.2 million tons, a year-on-year decrease of 2.1%; Russia and other The crude steel output of the CIS + Ukraine was 7.2 million tons, a year-on-year increase of 4.0%; the crude steel output of South America was 3.4 million tons, a year-on-year decrease of 6.3%.

Top Ten Countries in Terms of Crude Steel Production

January 2024,

China’s crude steel output is estimated to be 77.24 million tons, a year-on-year decrease of 6.9%;

India’s crude steel output was 12.5 million tons, a year-on-year increase of 7.3%;

Japan’s crude steel output was 7.3 million tons, a year-on-year increase of 0.6%;

U.S. crude steel production was 6.8 million tons, a year-on-year decrease of 0.3%;

Russia’s crude steel output is estimated to be 6.2 million tons, a year-on-year increase of 1.2%;

South Korea’s crude steel output was 5.7 million tons, a year-on-year increase of 1.5%;

Türkiye’s crude steel output was 3.2 million tons, a year-on-year increase of 24.7%;

Germany’s crude steel output is estimated to be 2.9 million tons, a year-on-year decrease of 0.9%;

Iran’s crude steel output was 2.6 million tons, a year-on-year increase of 39.3%;

Brazil’s crude steel output is estimated to be 2.5 million tons, a year-on-year decrease of 7.2%.