11,377.55 TRY BIST 100 BIST 100
41.49 USD USD USD
5.85 CNY CNY CNY
48.44 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
39.75 TRY Interest Interest
69.56 USD Fossil Oil Fossil Oil
59.75 USD Silver Silver
4.79 USD Copper Copper
103.85 USD Iron Ore Iron Ore
340.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,004.46 TRY Gold (gr) Gold (gr)

Global crude steel production rises despite China

Global crude steel production reached 1 billion 950.5 million tons in 2021, an increase of 3.7 percent compared to the previous year, despite the reduction in steel production in China.

Global crude steel production rises despite China

The World Steel Association (Worldsteel) has announced the crude steel production data for 2021.

Accordingly, global crude steel production increased by 3.7 percent compared to the previous year and reached 1 billion 90.5 million tons. While Asian production increased by only 0.6 percent to 1 billion 382 million tons last year, the production in China decreased by 3 percent compared to the previous year to 1 billion 32.8 million tons.

In the said period, the production of India, one of the world's major steel producers, increased by 17.8 percent to 118.1 million tons as the economy recovered from the Kovid-19 outbreak. Japan's production expanded 14.9 percent to 96.3 million tons, and South Korea's increased 5.2 percent to 70.6 million tons.

The EU's crude steel production increased by 15.4 percent compared to the previous year and was recorded as 152.6 million tons.

Among the EU countries, Germany's production increased by 12.3 percent to 40.1 million tons, Italy's production increased by 19.7 percent to 24.4 million tons. France's production, on the other hand, increased by 20.3 percent and reached 13.9 million tons.

In the USA, 2021 crude steel production increased by 18.3 percent to 86 million tons.

In this period, Russia's crude steel production increased by 6.1 percent compared to 2020 and reached 76 million tons, while Ukraine expanded by 3.6 percent to 21.4 million tons.

It is estimated that the production in Iran decreased by 1.8 percent to 28.5 million tons.

Crude steel production in Turkey, on the other hand, increased by 12.7% in 2021, reaching the level of 40.4 million tons. Thus, while the country reached the highest production amount of all time, Turkey maintained its 7th place in global crude steel production.

Meanwhile, global crude steel production fell by 3% to 158.7 million tons in December 2021, compared to the same period in 2020, with production in China falling by 6.8 percent.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

JISCO achieves first production at new plate mill

Friday, September 26, 2025

ArcelorMittal Sestao launches turnkey meltshop upgrade with Danieli

Thursday, September 25, 2025

Jaguar Land Rover cyberattack halts production, hits suppliers

Saturday, September 27, 2025

SSAB reaches IEA threshold for near-zero CO₂e steel

Thursday, September 25, 2025

U. S. Steel approves investments in Pennsylvania and Indiana

Thursday, September 25, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now