On November 25, World Steel Association (WSA) released the global crude steel production in October 2024.The global crude steel production in 71 countries/regions included in the WSA statistics was 151.2 million tons in October 2024, an increase of 0.4% year-on-year. 

Crude steel production by region

In October 2024, crude steel production in Africa was 2.0 million tons, down 0.4% year-on-year; crude steel production in Asia and Oceania was 110.3 million tons, up 0.9% year-on-year; crude steel production in the EU (27 countries) was 11.3 million tons, up 5.7% year-on-year; crude steel production in other European countries was 3.4 million tons, down 6.2% year-on-year; crude steel production in the Middle East was 5.0 million tons, up 5.4%; North American crude steel production of 8.8 million tons, down 3.6% year-on-year; Russia and other CIS countries + Ukraine crude steel production of 6.7 million tons, a year-on-year decline of 12.2%; South American crude steel production of 3.8 million tons, an increase of 7.2%. 

The data submitted by the above 71 countries/regions, whose production in 2023 accounted for 98% of global crude steel production. Countries and regions included in the table: 

Africa: Algeria, Egypt, Libya, Morocco, South Africa, Tunisia 

Asia and Oceania: Australia, China, India, Japan, Mongolia, New Zealand, Pakistan, South Korea, Taiwan, Thailand, Vietnam 

European Union (27 countries): Austria, Belgium, Bulgaria, Croatia, Czech Republic, Finland, France, Germany, Greece, Hungary, Italy, Luxembourg, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden 

Other European countries: Macedonia, Norway, Serbia, Turkey, UK 

Middle East: Bahrain, Iran, Iraq, Jordan, Kuwait, Oman, Qatar, Saudi Arabia, UAE, Yemen 

North America: Canada, Cuba, El Salvador, Guatemala, Mexico, USA 

Russia and other CIS countries + Ukraine: Belarus, Kazakhstan, Russia, Ukraine 

South America: Argentina, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay, Venezuela 

Top 10 countries in terms of crude steel production

In October 2024, China's crude steel production was 81.88 million tons, up 2.9% year-on-year; India's crude steel production was 12.5 million tons, up 1.7% year-on-year; Japan's crude steel production was 6.9 million tons, down 7.8% year-on-year; the U.S.'s crude steel production was 6.6 million tons, down 2.0% year-on-year; Russia's crude steel production was estimated at 5.6 million tons, down 15.2% year-on-year; and South Korea's crude steel production of 4.5 million tons, down 18.3% year-on-year; Germany's crude steel production of 3.2 million tons, an increase of 14.7% year-on-year; Turkey's crude steel production of 3 million tons, an increase of 0.7% year-on-year; Brazil's crude steel production of 3.1 million tons, an increase of 16.2% year-on-year; Iran's crude steel production of 3.0 million tons, a year-on-year decline of 1.9%.

by zhitong finance and economics