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world’s production of crude steel declined 6.0% in H1 2020

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 148.3 million tonnes (Mt) in June 2020, a 7.0% decrease compared to June 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.

China produced 91.6 Mt of crude steel in June 2020, an increase of 4.5% compared to June 2019. India produced 6.9 Mt of crude steel in June 2020, down 26.3% on June 2019. Japan produced 5.6 Mt of crude steel in June 2020.

World crude steel production was 873.1 Mt in the first six months of 2020, down by 6.0% compared to the same period in 2019. Asia produced 642.0 Mt of crude steel in the first half of 2020, a decrease of 3.0% over the first half of 2019. The EU produced 68.3 Mt of crude steel in the first half of 2020, down by 18.7% compared to the first half of 2019. North America’s crude steel production in the first half of 2020 was 50.2 Mt, a decrease of 17.6% compared to the first half of 2019.

Crude steel production of Arab countries

   Egypt’s  crude steel production in June 600,000 tons, down 0.5% compared to June 2019.  Saudi Arabia produced 541,000 tons of crude steel in June 2020, down 27.5% compared to June 2019. UAE  produced 219,000 tons of crude steel down 23.8% compared to June 2019. Qatar  produced 80,000 tons of crude steel down 65.5% compared to June 2019,  Libya  produced 45,000 tons of crude steel down 17.2% compared to June 2019.

In the first half of 2020, the production of the Arab countries mentioned in the report amounted to 10.166, a decline of 11.9% compared to the production of the first half of 2019. Egypt’s production in the first half of this year  4.118 million tons, an increase of 0.5%, and Saudi Arabia 3.689 million tons, a decline of 12.4% The United Arab Emirates 1.354 million tons, a decline of 18%, Qatar 763 thousand tons, a decline of 40.8%, and Libya, 242 thousand, a decline of 13.7%.

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Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.

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