13,703.13 TRY BIST 100 BIST 100
54.91 EUR EUR EUR
47.57 USD USD USD
7.09 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
41.54 TRY Interest Interest
79.73 USD Fossil Oil Fossil Oil
6.71 USD Copper Copper
94.50 USD Silver Silver
94.44 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
93.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Half of world steel production is in EAFs

It is said that only 26% of world steel production is done in EAFs, but half of the production is done in EAFs. How Does? Except for China, of course.

Half of world steel production is in EAFs

A general photograph of the current production structure in the world, nowadays when new production technologies and methods for green steel production are discussed in the world.

In 2020, 1 billion 65 million tons (56.7%) of the 1 billion 877 million tons of steel produced in the world was made by China. The production of the world outside of China was only 812 million tons. 253 million tons less than China's production.

In 2020, 73.2% of the total crude steel production worldwide was realized in integrated facilities (BOF), 26.3% in Electric Arc Furnace (EAF) facilities and 0.5% in OHF and other technology facilities. The distribution in the Chinese steel industry, which realizes 57% of the world production, is 90.8% integrated plants and 9.2% Electric Arc Furnace plants.
In fact, although the production structure in the world steel industry seems to be in favor of integrated facilities with 73.3%, this is a picture completely shaped by China.

Excluding China, the distribution of BOF-EAF in world crude steel production is quite balanced. In the total crude steel production of the world excluding China, the share of integrated facilities is 50%, and the share of facilities with Electric Arc Furnaces is 49%. The weight of BOF over 90% in China, which produces 57% of the world's production, increases the weight of BOF, which is 50% in the world, excluding China, to 73%, while reducing the weight of EAFs from 49% to 26%.

In this respect, when the predominantly publicly owned BOF technology facilities in China are excluded, it becomes clear that world steel production is shared by EAF and BOF technology facilities in half.

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

Kocaer Steel received USD 61.4 million worth of steel profile orders in July

Thursday, August 6, 2026

tk Accelis Processing Europe commissions expanded steel processing facility in Stuttgart

Thursday, August 6, 2026

Pomina Steel increases revenue 3.7-fold as production recovers

Thursday, August 6, 2026

European HRC prices hold steady as logistics pressure mounts

Wednesday, August 5, 2026

Algoma Steel's second-quarter loss fell to $96 million

Thursday, August 6, 2026
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