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World crude steel production rises

World crude steel production rises

(Posted on 28/03/21)

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 150.2 million tonnes (Mt) in February 2021, a 4.1% increase compared to February 2020. The 64 countries accounted for approximately 98% of total world crude steel production in 2020.

The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world, with members in every major steel-producing country. worldsteel represents steel producers, national and regional steel industry associations, and steel research institutes. Members represent around 85% of global steel production.

China is estimated to have produced 83.0 Mt in February 2021, up 10.9% on February 2020. India produced 9.1 Mt, down 3.1%. Japan produced 7.5 Mt, down 5.6%. The United States produced 6.3 Mt, down 10.9%. Russia is estimated to have produced 5.7 Mt, down 1.3%. South Korea produced 5.5 Mt, up 1.2%. Turkey produced 3.0 Mt, up 5.9%. Germany produced 3.1 Mt, down 10.4%. Brazil produced 2.8 Mt, up 3.8%. Iran is estimated to have produced 2.3 Mt, up 11.5%.

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