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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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لوريم ايبسوم هو نموذج افتراضي يوضع في التصاميم لتعرض على العميل ليتصور طريقه وضع النصوص بالتصاميم سواء كانت تصاميم مطبوعه لوريم ايبسوم ليتصور طريقه لوريم ايبسوم.

About AISU

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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