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World crude steel production down 4.7% in September 2024

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 143.6 million tonnes (Mt) in September 2024, a 4.7% decrease compared to September 2023.

Africa produced 1.9 Mt in September 2024, up 2.6% on September 2023. Asia and Oceania produced 105.3 Mt, down 5.0%. The EU (27) produced 10.5 Mt, up 0.3%. Europe, Other produced 3.6 Mt, up 4.1%.

The Middle East produced 3.5 Mt, down 23.0%. North America produced 8.6 Mt, down 3.4%. Russia & other CIS + Ukraine produced 6.8 Mt, down 7.6%. South America produced 3.5 Mt, up 3.3%.

Crude steel production by region

Region Sep 2024 (Mt) % change Sep 24/23 Jan-Sep 2024 (Mt) % change Jan-Sep 24/23
Africa 1.9 2.6 16.6 2.3
Asia and Oceania 105.3 -5 1,032.00 -2.5
EU (27) 10.5 0.3 97.8 1.5
Europe, Other 3.6 4.1 33.1 7.8
Middle East 3.5 -23 38.4 -1.5
North America 8.6 -3.4 80 -3.9
Russia & other CIS + Ukraine 6.8 -7.6 64.9 -2.5
South America 3.5 3.3 31.4 0
Total 143.6 -4.7 1,394.10 -1.9

China produced 77.1 Mt in September 2024, down 6.1% on September 2023. India produced 11.7 Mt, down 0.2%. Japan produced 6.6 Mt, down 5.8%. The United States produced 6.7 Mt, up 1.2%.

Russia is estimated to have produced 5.6 Mt, down 10.3%. South Korea produced 5.5 Mt, up 1.3%. Germany produced 3.0 Mt, up 4.3%. Türkiye produced 3.1 Mt, up 6.5%. Brazil produced 2.8 Mt, up 9.9%. Iran is estimated to have produced 1.5 Mt, down 41.2%.

Top 10 steel-producing countries

Country  Sep 2024 (Mt) % change Sep 24/23 Jan-Sep 2024 (Mt) % change Jan-Sep 24/23
China 77.1 -6.1 768.5 -3.6
India 11.7 -0.2 110.3 5.8
Japan 6.6 -5.8 63.3 -3.2
United States 6.7 1.2 60.3 -1.6
Russia 5.6 -10.3 54 -5.5
South Korea 5.5 1.3 48.1 -4.6
Germany 3 4.3 28.4 4
Türkiye 3.1 6.5 27.9 13.8
Brazil 2.8 9.9 25.2 4.4
Iran 1.5 -41.2 21.3 -3.1

 

 

 

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