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A global increase in crude steel production

Global crude steel production have increased by 2.2 percent and reached to 152.6 million tons according to the report

A global increase in crude steel production

According to crude steel production data announced by the Brussels-based World Steel Association (Worldsteel), crude steel production increased globally. There is a 2.2 percent increase observed when August 2023 and 2022 is compared. According to this report, crude steel production increases to 152.6 million tons in August this year.

In this same period covered by the statement, production in China reached 86.4 million tons as a result of 3.2 percent increase. Additionally, Japan's production decreases by 2.9 percent, reaching 7.1 million tons.

According to the research, Germany's production decreased by 1 percent to 2.8 million tons. On the other hand, production in the USA attracted attention by reaching 7 million tons with an increase of 1.1 percent.

The union's data shows that Turkey's crude steel production decreased by 2.9 percent in August compared to last year, decreasing by 2.8 million tons.

When evaluated according to data, Brazil's crude steel production decreased by 5.9 percent to 2.7 million tons for the said period. In Russia, the situation is as follows: As a result of an increase of 8.9 percent, production has reached 6.4 million tons in total.

During the said period, India increased its production by 17.4 percent, reaching 11.9 million tons. It was stated that production decreased by 24.1 percent in Iran and there was a decline of up to 1.6 million tons. 

When the data for global crude steel production is brought together, the table evaluating the January - August period of this year shows that there was an increase of 0.2 percent compared to the same period of the previous year, reaching 1 billion 256 million tons.


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