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World crude steel production declined by 5.1% in May 2023 

According to the preliminary data announced by the World Steel Organization about world production (63 countries) during May 2023, crude steel production amounted to 161.6 million tonnes, a decrease of 5.1% compared to the production of May 2022.

Africa produced 1.3 million tonnes in May 2023, up 18.6% from May 2022. Asia and Oceania produced 119.5 million tonnes, down 6.0%. The European Union (27) produced 11.6 million tonnes, down by 11.2%. Europe and the other produced 3.7 million tonnes, down 7.7%. The Middle East produced 4.4 million tonnes, up 4.3%.

North America produced 9.6 million tonnes, down 3.7%. Russia, the CIS and Ukraine produced 7.9 million tonnes, up 11.5%. South America produced 3.6 million tonnes, down 5.2%.

production in different regions of the world

Area May 2023 (Mt) % change May 23/22 Jan-May
2023 (Mt)
% change 23/22
Africa 1.3 18.6 6.3 2.6
Asia and Oceania 119.5 -6 588.4 0.7
EU (27) 11.6 -11.2 56 -10.4
Europe, Other 3.7 -7.7 16.6 -16.3
Middle East 4.4 4.3 18.7 1.1
North America 9.6 -3.7 45.9 -3.6
CIS 7.9 11.5 36.9 -3.8
South America 3.6 -5.2 17.1 -5.9
Total 161.6 -5.1 786 -1.2

As for the Arab countries, Egypt topped the production of Arab countries in May 2023, producing 873 thousand tonnes , an increase of 11.4%, followed by the Kingdom of Saudi Arabia, producing 815 thousand tonnes , an increase of 6.0%. The UAE came in third place, producing 187 thousand tonnes , a decline of 41.0%.

Arab countries production of crude steel

Country May 2023 (000t) % change May 23/22 Jan-May
2023 (000t)
% change 23/22
Egypt 873 11.4% 3942 -0.1%
Saudi Arabia 815 6.0% 3868 1.8%
UAE 187 -41.0% 1269 -3.0%
Qatar 95 1.1% 471 3.7%
Libya 17 -75.7% 326 3.8%
Tunisia 8 60.0% 39 8.3%
Total 1995 -2.2% 9915 0.6%

 

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