World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 162.7 million tonnes (Mt) in April 2022, a 5.1% decrease compared to April 2021, the industry body said in a statement seen on Tuesday. Top 10 steel-producing countries China produced 92.8 Mt in April 2022, down 5.2% on April […]
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 […]
The World Steel Association (worldsteel) said it expects global steel demand to grow by only 0.4% in 2022 to 1,840.2 Mt after increasing by 2.7% in 2021 given uncertainties due to the war in Ukraine. In 2023 steel demand will see further growth of 2.2% to reach 1,881.4 Mt, it said in its latest short-range […]
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 142.7 million tonnes (Mt) in February 2022, a 5.7% decrease compared to February 2021. China produced an estimated 75.0 Mt in February 2022, down 10.0% on February 2021. India produced 10.1 Mt, up 7.6%. Japan produced 7.3 Mt, down […]
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 145.7 million tonnes (Mt) in October 2021, a 10.6% decrease compared to October 2020, with China leading the way with a sharp decline. China produced 71.6 Mt in October 2021, down 23.3% on October 2020. India produced 9.8 Mt, […]
The World Steel Association (worldsteel) has forecast that steel demand will grow by 4.5% in 2021 and reach 1,855.4 million tronnes after 0.1% growth in 2020. In 2022, steel demand will see a further increase of 2.2% to 1,896.4 million tronnes. The current forecast assumes that, with the progress of vaccinations across the world, the […]
World Steel Association (worldsteel) aid global crudes steel production for the 64 countries reporting to it was 174.4 million tonnes (Mt) in May 2021, a 16.5% increase compared to May 2020. It said in a statement that China produced 99.5 Mt in May 2021, up 6.6% on May 2020, while India produced 9.2 Mt, up […]
Global steel production has more than tripled over the past 50 years, despite nations like the U.S. and Russia scaling down their domestic production and relying more on imports. Meanwhile, China and India have consistently grown their production to become the top two steel producing nations. See graphic here Below are the world’s current top […]
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 169.5 million tonnes (Mt) in April 2021, a massive 23.3% increase compared to April 2020, led by India where output rose 152% — a massive jump from the same month last year when the country was under a pandemic-triggered […]
Global steel demand will power ahead by 5.8% this year, as economies recover from the COVID-19 pandemic, but growth will retreat next year as the impact of stimulus spending diminishes, the World Steel Association (worldsteel) said. The industry group upgraded its 2021 forecast from its October estimate of 4.1% growth, as buoyant economic recovery last […]
