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World’s crude steel production declined by 1.0% in February 2023

According to preliminary data announced by the World Steel Association (worldsteel) about World crude steel production (63 countries) in February 2023 was 142.4 million tonnes (Mt) in February 2023, a 1.0% decrease compared to February 2022.

Africa produced 1.1 million tonnes in February 2023, down 11.9% from February 2022, and Asia and Oceania produced 106.6 million tonnes of crude steel in February 2023, up 3.0% from February 2022.
And the European Union (27) produced 10.5 million tonnes of crude steel in February 2023, a decrease of 12.6% compared to February of 2022.

Other Europe produced 2.7 million tonnes , down 24.9%, and the Middle East region produced 3.5 million tonnes , up 11.5%.
Crude steel production in North America in the same month was 8.3 million tonnes , a decrease of 5.5%.Compared to the same month in 2022.
Independent countries including Russia and Ukraine produced 6.4 million tonnes of crude steel in February of 2023, a decrease of 21.3% over the same period of 2022. South America produced 3.2 million tonnes , down 3.1%.

Production in different regions of the world

Region February 2023(MT) February change % 23/22

 Jan- February 2023

MT

% Change 23/22
Africa 1.1 -11.9 2.4 -8.0
Asia Oceania 106.6 3.0 223.9 3.0
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
CIS 6.4 -21.3 13.3 -20.7
اSouth America 3.2 -3.1 6.8 -2.1
Total 142.4 -1.0 297.8 -0.8

As for the Arab countries, Saudi Arabia topped the production of Arab countries in February 2023, producing 736,000 tonnes , an increase of 1.0%, followed by Egypt, producing 705,000 tonnes , a decrease of 11.4%. The UAE came in third place, producing 250,000 tonnes , an increase of 20.2%.

Arab countries production of Crude steel

Country February 2023(000t) February change % 23/22 Jan- Feb. 2023

000t

% Change 23/22
Egypt 705 -11.4 1505 -7.1
Saudi Arabia 736 1.0 1446 -2.2
UAE 250 20.2 528 22.3
Qatar 88 2.3 184 1.6
Libya 74 19.4 152 28.9
Tunisia 7 -12.5 15 -6.7
Total 1860 -1.5 3830 0.7

 

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