World Steel Association: Global crude steel production in March was 161.2 million tons

In March 2024, the global crude steel output of the 71 countries included in the statistics of the World Steel Association was 161.2 million tons, a year-on-year decrease of 4.3%.

1. Crude steel output by region

In March 2024, Africa's crude steel output was 1.9 million tons, a year-on-year increase of 1.1%; Asia and Oceania's crude steel output was 118.3 million tons, a year-on-year decrease of 5.8%; the European Union (27 countries) crude steel output was 11.6 million tons, a year-on-year decrease 4.3%; crude steel production in other European countries was 3.9 million tons, a year-on-year increase of 11.0%; crude steel production in the Middle East was 4.8 million tons, a year-on-year increase of 4.0%; North American crude steel production was 9.5 million tons, a year-on-year decrease of 1.4%; Russia and other The crude steel output of the CIS + Ukraine was 7.8 million tons, a year-on-year increase of 1.5%; the crude steel output of South America was 3.5 million tons, a year-on-year decrease of 0.2%.

Table 1: Crude steel production by region

The above-mentioned regions contain data submitted by 71 steel-producing countries, and their output in 2022 accounts for 98% of global crude steel production.

Africa: Algeria, Egypt, Libya, Morocco, South Africa, Tunisia

Asia and Oceania: Australia, China, India, Japan, Mongolia, New Zealand, Pakistan, South Korea, Taiwan, Thailand, Vietnam

European Union (27 countries): Austria, Belgium, Bulgaria, Croatia, Czech Republic, Finland, France, Germany, Greece, Hungary, Italy, Luxembourg, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden

Other European countries: Macedonia, Norway, Serbia, Türkiye, United Kingdom

Middle East: Bahrain, Iran, Iraq, Jordan, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, Yemen

North America: Canada, Cuba, El Salvador, Guatemala, Mexico, United States

Russia and other CIS countries + Ukraine: Belarus, Kazakhstan, Russia, Ukraine

South America: Argentina, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay, Venezuela

2. Top ten countries in terms of crude steel production

In March 2024, China's crude steel output was 88.27 million tons, a year-on-year decrease of 7.8%; India's crude steel output was 12.7 million tons, a year-on-year increase of 7.8%; Japan's crude steel output was 7.2 million tons, a year-on-year decrease of 3.9%; U.S. crude steel Production is 6.9 million tons, unchanged year-on-year; Russia's crude steel production is estimated to be 6.6 million tons, a year-on-year increase of 0.8%; South Korea's crude steel production is 5.3 million tons, a year-on-year decrease of 9.5%; Germany's crude steel output is 3.5 million tons, a year-on-year increase 8.4%; Turkey's crude steel output was 3.2 million tons, an increase of 18.0% year-on-year; Brazil's crude steel output was 2.8 million tons, an increase of 5.6% year-on-year; Iran's crude steel output was 2.8 million tons, an increase of 2.0% year-on-year.