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World’s crude steel production declined by 3.3% in January 2023

According to the preliminary data announced by the World Steel Federation on world production (64 countries) during January 2023, crude steel production amounted to 145.3 million tonnes, a decrease of -3.3% compared to January 2022 production.

Africa produced 1.2 million tonnes of crude steel in January 2023, down by -4.9% from January 2022 and Asia and Oceania produced 107.5 million tonnes of crude steel in January 2023, down by -0.2% from January 2022.

The European Union (27) produced 10.3 million tonnes of crude steel in January 2023, a decrease of -15.2% compared to January 2022.

Other Europe produced 3.3 million tonnes, down by -17.5%, and the Middle East region produced 3.8 million tonnes, up by 19.7%.

Crude steel production in North America in the same month was 9.1 million tonnes, a decrease of -5.6% compared to the same month in 2022.

Independent countries including Russia and Ukraine produced 6.5 million tonnes of crude steel in January of 2023, a decrease of -24.9% compared to 2022. South America produced 3.6 million tonnes, down by -0.6%.

Production in different regions of the world

Region January 2023(MT) December change % 23/22 Jan- Jan 2023

MT

% Change 23/22
Africa 1.2 -4.9 1.2 -4.9
Asia Oceania 107.5 -0.2 107.5 -0.2
EU (27) 10.3 -15.2 10.3 -15.2
Europe, Other 3.3 -17.5 3.3 -17.5
Middle-East 3.8 19.7 3.8 19.7
North America 9.1 -5.6 9.1 -5.6
CIS 6.5 -24.9 6.5 -24.9
South America 3.6 -0.6 3.6 -0.6
Total 145.3 -3.3 145.3 -3.3

As for the Arab countries, Egypt topped the production of Arab countries in January 2023, producing 800,000 tonnes, a decline of -2.0%, followed by the Kingdom of Saudi Arabia, producing 710,000 tonnes, a drop of -5.2%. The UAE came in third place, producing 278,000 tonnes, an increase of 37.6%.

Arab countries production of Crude steel

Country January 2023(000t) January 2022(000t) % Change 23/22
Egypt 800 816 -2.0
Saudi Arabia 710 749 -5.2
UAE 278 202 37.6
Qatar 96 95 1.1
Libya 46 78 -41.0

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