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World crude steel production decreased by 8.7% in May

World, Steel News

World crude steel production decreased by 8.7% in May

 

 

 

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 148.8 million tonnes (Mt) in May 2020, an 8.7% decrease compared to May 2019.

 

 

Due to the ongoing difficulties presented by the COVID-19 pandemic, many of this month’s figures are estimates that may be revised with next month’s production update.

 

 

China produced 92.3 Mt of crude steel in May 2020, an increase of 4.2% compared to May 2019. Japan produced 5.9 Mt of crude steel in May 2020, down 31.8% on May 2019. India produced 5.8 Mt of crude steel in May 2020, down 39.1% on May 2019.

 

 

Crude steel production of Arab countries

  

Egypt’s  crude steel production in May 628,000 tons, down 3.6% compared to May 2019.  Saudi Arabia produced 565,000 tons of crude steel in May 2020, down 19.9% compared to May 2019. UAE  produced 164,000 tons of crude steel down 43.9% compared to April 2019. Qatar  produced 63,000 tons of crude steel down 73.3% compared to March 2019,  Libya  produced 47,000 tons of crude steel in May 2020. 

 

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