9,078.43 TRY BIST 100 BIST 100
43.71 EUR EUR EUR
38.44 USD USD USD
5.32 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
46.98 TRY Interest Interest
62.41 USD Fossil Oil Fossil Oil
40.43 USD Silver Silver
4.69 USD Copper Copper
99.25 USD Iron Ore Iron Ore
325.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,035.64 TRY Gold (gr) Gold (gr)

World crude steel production decreased by 1.5 per cent in September

The World Steel Association (worldsteel) evaluated the world crude steel production of 63 countries in September 2023. According to this report, crude steel production was 149.3 million tonnes million tonnes in September 2023, down 1.5% compared to the same month last year.

World crude steel production decreased by 1.5 per cent in September

Crude steel production by region:

Africa produced 1.3 million tonnes in September this year, down 4.1% from September 2022.

Asia and Oceania produced 110.7 million tonnes, down 2.1%.

The EU (27) produced 10.6 million tonnes, down 1.1%.

Europe, Other produced 3.5 million tonnes, up 2.7%.

Middle East produced 3.6 million tonnes, down 8.2%.

North America produced 9.0 million tonnes, down 0.3%.

Russia and other CIS + Ukraine produced 7.3 million tonnes, up 10.7%.

South America produced 3.4 million tonnes, down 3.7%.

Out of 63 countries, they account for about 97 per cent of total world crude steel production in 2022:

Africa: Egypt, Libya, South Africa, Tunisia

Asia and Oceania: Australia, China, India, Japan, Mongolia, New Zealand, Pakistan, South Korea, Taiwan (China), Thailand, Vietnam

European Union (27)

Europe, Other: Macedonia, Norway, Serbia, Türkiye, United Kingdom

Middle East: Iran, Qatar, Saudi Arabia, United Arab Emirates

North America: Canada, Cuba, El Salvador, Guatemala, Mexico, United States of America

Russia and other CIS + Ukraine: Belarus, Kazakhstan, Russia, Ukraine

South America: Argentina, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay, Venezuela

Top 10 steel producing countries

  • China produced 82.1 Mt in September 2023, down 5.6% from September 2022.
  • India produced 11.6 Mt, up 18.2%.
  • Japan produced 7.0 Mt, down 1.7%.
  • The United States produced 6.7 million tonnes, up 2.6%.
  • Russia is estimated to have produced 6.2 million tonnes, up 9.8%.
  • South Korea produced 5.5 million tonnes, up 18.2%.
  • Germany produced 2.9 million tonnes, up 2.1%.
  • Türkiye produced 2.9 million tonnes, up 8.4%.
  • Brazil is estimated to have produced 2.6 million tonnes, down 5.6%.
  • Iran produced 2.4 million tonnes, down 12.7%.

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

EDMIB President Yalçın Ertan participated in the Italy-Türkiye Business Forum

Friday, May 2, 2025

İsdemir announces first quarter balance sheet

Friday, May 2, 2025

Egypt boosts sector with new mining law

Wednesday, April 30, 2025

Vallourec signs USD 130 million OCTG steel pipe supply contract in Kuwait

Wednesday, April 30, 2025

Josu Pina Bilbao “SSAB is a pioneer in fossil fuel-free steel”

Monday, April 28, 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