World crude steel production decreased by 2.5% in July

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 148.8 million tonnes (Mt) in July 2020, a 2.5% decrease compared to July 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 93.4 Mt of crude steel in July 2020, an increase of 9.1% compared to July 2019. Japan produced 6.0 Mt of crude steel in July 2020, down 27.9% on July 2019. South Korea’s steel production for July 2020 was 5.5 Mt, down by 8.3% on July 2019.

Crude steel production of Arab countries

   Saudi Arabia’s  crude steel production in July 560,000e tons, down 23.6% compared to July 2019.  Egypt produced 543,000 tons of crude steel in July 2020, up 1.7% compared to July 2019. UAE  produced 229,000 tons of crude steel up 1.9% compared to July 2019. Qatar  produced 78,000 tons of crude steel down 66.1% compared to July 2019,  Libya  produced 55,000 tons of crude steel up 4.8% compared to July 2019 

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Arab Iron and Steel Union ( AISU ) was established in Algeria in 1971 as the first Arab union of Arab countries to be established under the umbrella of the Council of Economic Unity in the League of Arab States.

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