NEWS

Global Crude Steel Production Declines 6.5% YoY in August 2024
Time : 26/09/2024
Global Crude Steel Production Declines 6.5% YoY in August 2024

Global crude steel production in August 2024


In August 2024, the crude steel production of 71 countries included in the World Steel Association statistics was 144.8 million tons, a year-on-year decrease of 6.5%.


Crude steel production in various regions


In August 2024, Africa produced 1.9 million tons of crude steel, down 7.2% year-on-year; Asia and Oceania produced 107.1 million tons of crude steel, down 8.0% year-on-year; the EU (27 countries) produced 9.1 million tons of crude steel, up 2.2% year-on-year; other European countries produced 3.7 million tons of crude steel, up 8.4% year-on-year; the Middle East produced 3.4 million tons of crude steel, down 3.2% year-on-year; North America produced 9 million tons of crude steel, down 3.8% year-on-year; Russia and other CIS countries + Ukraine produced 7 million tons of crude steel, down 8.7% year-on-year; South America produced 3.6 million tons of crude steel, up 0.8% year-on-year.


Top ten countries in crude steel production


In August 2024,


China's crude steel production was 77.92 million tons, a year-on-year decrease of 10.4%;

India's crude steel production was 12.3 million tons, a year-on-year increase of 2.6%;

Japan's crude steel production was 6.9 million tons, a year-on-year decrease of 3.9%;

The United States' crude steel production was 7 million tons, a year-on-year increase of 0.7%;

Russia's estimated crude steel production was 5.8 million tons, a year-on-year decrease of 11.5%;

South Korea's crude steel production was 5.5 million tons, a year-on-year decrease of 2.2%;

Germany's crude steel production was 2.9 million tons, a year-on-year increase of 0.5%;

Turkey's crude steel production was 3.1 million tons, a year-on-year increase of 13.8%;

Brazil's crude steel production was 3 million tons, a year-on-year increase of 7.3%;

Iran's crude steel production was 1.4 million tons, a year-on-year decrease of 9.9%.