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Global crude steel production decreased in April

According to the World Steel Association (Worldsteel),

Global crude steel production decreased in April

According to the World Steel Association (Worldsteel), global crude steel production in April 2023 decreased by 2.4% y-o-y and 3.1% m-o-m to 161.4 million tonnes.

Between January and April this year, global crude steel production decreased by 0.3% y-o-y to 622.7 million tonnes.

In April, crude steel production in Asia decreased by 1.5% to 121.1 million tonnes, with China's production down 1.5% to 92.6 million tonnes and Japan's production down 3.1% to 7.2 million tonnes. India and South Korea produced 10.7 million tonnes and 5.7 million tonnes, up 3.2% and 3%, respectively.

The EU-27 produced 11.1 million tonnes of crude steel in April, down 11.7% y-o-y.

Steel production in the CIS was 7.5 million tonnes, up 5.9% y-o-y, while output in Russia was estimated at 6.4 million tonnes, down 1.9% y-o-y.

Crude steel production in North America was 9.2 million tonnes in April, down 4.6% y-o-y, while output in the US was 6.6 million tonnes, down 5.3% y-o-y.

Crude steel output in South America was 3.6 million tonnes in March, down 2.2% y-o-y, while Brazil's total output was 2.8 million tonnes, down 5.9% y-o-y.

Africa produced 1.3 million tonnes of crude steel in the reporting month, up 4.8% y-o-y.

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