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Arab countries’ crude steel production increases by 1.9 % in January – September 2024

According to the latest report issued by the World Steel Organization on crude steel production, Arab countries’ crude steel production to 3.4 million tons in September 2024, an increase of 2.2% compared to September 2023.

Egypt topped Arab countries in steel production in September with a production volume of 867 thousand tons and an increase of 4.3%. It was followed by Saudi Arabia with a production volume of 817 thousand tons and a decrease of 2.8%. Algeria came in third place with a production volume of 400 thousand tons, an increase of 9% compared to September 2023.

In January – September 2024, Arab countries’ crude steel production amounted to 30 million tons, an increase of 1.9% compared to the same period last year.

Egypt topped Arab countries in crude steel production in January – September 2024 with a production volume of 7.9 million tons, an increase of 6.5%. It was followed by Saudi Arabia with a production volume of 7 million tons, a decrease of 5.2%. Algeria came in third place with a production volume of 3.3 million tons, unchanged compared to the same period in 2023.

The Gulf region accounted for about 48% of the Arab countries’ production with a production volume of 14.5 million tons. Saudi Arabia led it with about 48% of the region’s production.

The North Africa region accounted for 43% of the Arab countries’ production with a production volume of 12.9 million tons. Egypt led it with 61% of the region’s production.

The Eastern Mediterranean region accounted for 9% of the Arab countries’ production with a production volume of 2.6 million tons. Iraq led it with 88% of the region’s production.

Gulf region

Country Sep 24 (000t) Chang – Sep 23/24 Jan – Sep 2024 (000t) Chang – Sep 23/24
Saudi Arabia 817 -2.8% 7,011 -5.2%
UAE 300 -8.4% 2,693 -1.7%
Oman 265 32.5% 2,290 27.6%
Bahrain 100 0.0% 905 0.4%
Qatar 92 -7.0% 895 3.1%
Kuwait 83 0.0% 766 1.9%
Total 1,658 0.4% 14,561 0.8%

 

North Africa region

Country Sep 24 (000t) Chang – Sep 23/24 Jan – Sep 2024 (000t) Chang – Sep 23/24
Egypt 867 4.3% 7,947 6.5%
Algeria 400 9.0% 3,300 0.0%
Morocco 120 2.6% 1,060 1.6%
Libya 62 -22.5% 573 -7.3%
Tunisia 5 2.0% 47 -11.6%
Total 1,453 3.8% 12,927 3.6%

 

Eastern Mediterranean region

Country Sep 24 (000t) Chang – Sep 23/24 Jan – Sep 2024 (000t) Chang – Sep 23/24
Iraq 260 4.0% 2,255 -0.7%
Jordan 25 0.0% 225 0.0%
Yemen 10 25.0% 79 5.3%
Total 295 4.2% 2,559 -0.4%

 

Total Arab countries

  Sep 24 (000t) Chang – Sep 23/24 Jan – Sep 2024 (000t) Chang – Sep 23/24
Total Arab countries 3,406 2.2% 30,046 1.9%

 

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