World crude steel production down 5.8% year-on-year in March, India up 4.4% – worldsteel

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World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 161.0 million tonnes (Mt) in March 2022, a 5.8% decrease compared to March 2021.

Global crude steel production was 456.6 Mt in the first three months of 2022, down by 6.8% compared to the same period in 2021. Asia and Oceania produced 331.3 Mt of crude steel in the first quarter of 2022, a decrease of 7.8% on the first quarter of 2021, worldsteel said in its latest monthly report.

The EU (27) produced 36.8 Mt of crude steel in the first quarter of 2022, down by 3.8% compared to the same quarter of 2021. North America’s crude steel production in the first three months of 2022 was 28.1 Mt, a decrease of 0.9% compared to the first quarter of 2021. Russia & other CIS + Ukraine produced 24.0 Mt of crude steel in the first quarter of 2022, a decrease of 8.5% on the first quarter of 2021.

China produced 88.3 Mt in March 2022, down 6.4% on March 2021. India produced 10.9 Mt, up 4.4%. Japan produced 8.0 Mt, down 4.3%. The United States produced 7.0 Mt, down 1.7%.

Russia is estimated to have produced 6.6 Mt, down 1.8%. South Korea produced 5.7 Mt, down 6.1%. Germany produced 3.3 Mt, down 11.8%. Turkey produced 3.3 Mt, down 2.9%. Brazil is estimated to have produced 3.0 Mt, up 5.4%. Iran is estimated to have produced 2.3 Mt, down 6.1%.

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