World steel production up
(Posted on 30/11/20)
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 161.9 million tonnes (Mt) in October 2020, a 7.0% increase compared to October 2019. Due to the ongoing difficulties presented by the COVID-19 pandemic, many of this month’s figures are estimates that may be revised with next month’s production update.
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.
In Asia, China produced 92.2 Mt of crude steel in October 2020, an increase of 12.7% compared to October 2019. India produced 9.1 Mt of crude steel in October 2020, up 0.9% on October 2019. Japan produced 7.2 Mt of crude steel in October 2020, down 11.7% on October 2019. South Korea’s crude steel production for October 2020 was 5.9 Mt, down by 1.8% on October 2019.
In the European Union, Germany produced 3.4 Mt of crude steel in October 2020, up 3.1% on October 2019. Italy produced 2.1 Mt of crude steel in October 2020, down 4.6% on October 2019. Spain produced 1.1 Mt of crude steel in October 2020, down 7.7% on October 2019.
In North America, the United States produced 6.1 Mt of crude steel in October 2020, a decrease of 15.3% compared to October 2019.
In the C.I.S., production is estimated to be 8.4 Mt in October 2020, up 4.7% on October 2019. Ukraine produced 1.7 Mt of crude steel in October 2020, up 5.9% on October 2019.
In other Europe, Turkey’s crude steel production for October 2020 was 3.2 Mt, up by 19.4% on October 2019.
In South America, Brazil produced 2.8 Mt of crude steel in October 2020, up 3.5% on October 2019.
Latest News
NGFA applauds reintroduction of HAULS Act
(Posted on 24/12/25)The National Grain and Feed Association (NGFA) has applauded Senator Deb. Fischer’s (R-Neb.) reintroduction... Read more
Anglo American and Teck receive approval for merger of equals
(Posted on 18/12/25)Anglo American plc and Teck Resources Limited have received regulatory approval from the Government... Read more
Rhodes Ridge $191m feasibility study on Pilbara iron ore mine
(Posted on 18/12/25)The Rhodes Ridge Joint Venture has approved a $191 million (A$294 million) (Rio Tinto share $96 million... Read more
Strong metals trading as Trafigura publishes annual results
(Posted on 09/12/25)Trafigura Group Pte Ltd, a global leader in the commodities industry, has announced its financial results... Read more
Rio Tinto’s Nuton technology produces first copper
(Posted on 09/12/25)Rio Tinto has successfully produced the first copper from the Johnson Camp mine in Arizona using its... Read more
US soy and Uzbekistan sign MoU to expand trade
(Posted on 02/12/25)The American Soybean Association’s World Initiative for Soy in Human Health programme and the... Read more
KNAC and Rio Tinto sign updated agreement
(Posted on 02/12/25)Karlka Nyiyaparli Aboriginal Corporation (KNAC) Registered Native Title Body Corporate and Rio Tinto... Read more
OCI Global announces sale of OCI Ammonia Holding to AGROFERT
(Posted on 02/12/25)OCI Global, a leading global producer and distributor of nitrogen products has announced that it has... Read more
Court of Appeal confirms permit for new steel plant in Luleå
(Posted on 24/11/25)In December 2024, SSAB was granted a permit by the Land and Environment Court at Umeå District... Read more
Simandou partners celebrate start of operations
(Posted on 15/11/25)The President of the Republic of Guinea has joined project partners WCS1, Baowu, Chinalco and Rio Tinto... Read more
