WSA: World Crude Steel Production down 1.0 in February 2023
World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 142.4 million tonnes (Mt) in February 2023, a 1.0% decrease compared to February 2022.
Crude steel production by region
Africa produced 1.1 Mt in February 2023, down 11.9% on February 2022. Asia and Oceania produced 106.6 Mt, up 3.0%. The EU (27) produced 10.5 Mt, down 12.6%. Europe, Other produced 2.7 Mt, down 24.9%. The Middle East produced 3.5 Mt, up 11.5%. North America produced 8.3 Mt, down 5.5%. Russia & other CIS + Ukraine produced 6.4 Mt, down 21.3%. South America produced 3.2 Mt, down 3.1%.
Table 1. Crude steel production by region
February 2023 (Mt) | % change February 23/22 | Jan-Feb 2023 (Mt) | % change Jan-Feb 23/22 | |
Africa | 1.1 | -11.9 | 2.4 | -8 |
Asia and Oceania | 106.6 | 3 | 223.9 | 3 |
EU (27) | 10.5 | -12.6 | 20.7 | -14.3 |
Europe, Other | 2.7 | -24.9 | 5.9 | -21.8 |
Middle East | 3.5 | 11.5 | 7.4 | 17.1 |
North America | 8.3 | -5.5 | 17.4 | -5.7 |
Russia & other CIS + Ukraine | 6.4 | -21.3 | 13.3 | -20.7 |
South America | 3.2 | -3.1 | 6.8 | -2.1 |
Total 63 countries | 142.4 | -1 | 297.8 | -0.8 |
The 63 countries included in this table accounted for approximately 98% of total world crude steel production in 2021. Regions and countries covered by the table:
Africa: Egypt, Libya, South Africa
Asia and Oceania: Australia, China, India, Japan, New Zealand, Pakistan, South Korea, Taiwan (China), Vietnam
European Union (27)
Europe, Other: Bosnia-Herzegovina, Macedonia, Norway, Serbia, Turkey, United Kingdom
Middle East: Iran, Qatar, Saudi Arabia, United Arab Emirates
North America: Canada, Cuba, El Salvador, Guatemala, Mexico, United States
Russia & other CIS + Ukraine: Belarus, Kazakhstan, Moldova, Russia, Ukraine, Uzbekistan
South America: Argentina, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay, Venezuela
Top 10 steel-producing countries
China is estimated to have produced 80.1 Mt in February 2023, up 5.6% on February 2022. India produced 10.0 Mt, down 1.0%. Japan produced 6.9 Mt, down 5.3%. The United States produced 6.0 Mt, down 5.3%. Russia is estimated to have produced 5.6 Mt, down 8.6%. South Korea produced 5.2 Mt, up 1.1%. Germany produced 3.0 Mt, down 6.9%. Brazil produced 2.5 Mt, down 6.7%. Iran is estimated to have produced 2.4 Mt, up 14.6%. Türkiye produced 2.1 Mt, down 28.9%.
Table 2. Top 10 steel-producing countries
February 2023 (Mt) | % change February 23/22 | Jan-Feb 2023 (Mt) | % change Jan-Feb 23/22 | |
China (e) | 80.1 | 5.6 | 168.7 | 5.6 |
India | 10 | -1 | 21.3 | 1 |
Japan | 6.9 | -5.3 | 14.1 | -6.1 |
United States | 6 | -5.3 | 12.6 | -5.6 |
Russia (e) | 5.6 | -8.6 | 11.7 | -5.4 |
South Korea | 5.2 | 1.1 | 11.1 | -1 |
Germany | 3 | -6.9 | 5.9 | -8.6 |
Brazil | 2.5 | -6.7 | 5.3 | -5.8 |
Iran (e) | 2.4 | 14.6 | 5.1 | 21.1 |
Turkey | 2.1 | -28.9 | 4.7 | -23.1 |
e - estimated. Ranking of top 10 producing countries is based on year-to-date aggregate
Notes to Editors:
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.
Information on capacity can be found on the OECD website.
Source from World Steel Association
The above content is excerpted from：http://newsen.steelhome.cn/2023/03/24/n2514462.html
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