10,956.05 TRY BIST 100 BIST 100
47.31 EUR EUR EUR
40.63 USD USD USD
5.69 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
39.90 TRY Interest Interest
66.27 USD Fossil Oil Fossil Oil
50.13 USD Silver Silver
4.41 USD Copper Copper
102.43 USD Iron Ore Iron Ore
332.00 USD Shipbreaking Scrap Shipbreaking Scrap
50.13 TRY Gold (gr) Gold (gr)

World Crude Steel Production Drops in October

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 145.7 million tons (Mt) in October 2021, down 10.6% from October 2020.

World Crude Steel Production Drops in October

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 145.7 million tons (Mt) in October 2021, down 10.6% from October 2020.

Crude steel production by regions;

Africa produced 1.4 Mt in October 2021, up 24.1% from October 2020. Asia and Oceania produced 100.7 Mt, down 16.6%. The CIS (CIS: Belarus, Kazakhstan, Moldova, Russia, Ukraine, Uzbekistan) produced 8.3 Mt, down 0.2 percent. EU (27) produced 13.4 Mt, up 6.4%. Europe, Other produced 4.4 Mt, up 7.7%. The Middle East produced 3.2 Mt, down 12.7%. North America produced 10.2 Mt, up 16.9%. South America produced 4.0 Mt, up 12.1%.

Top 10 steel producing countries:

China produced 71.6 Mt in October 2021, down 23.3 percent from October 2020. India produced 9.8 Mt, up 2.4 percent. Japan produced 8.2 Mt, up 14.3%. The United States produced 7.5 Mt, up 20.5%. Russia is estimated to have produced 6.1 Mt, down 0.5 percent. South Korea produced 5.8 Mt, down 1.0%. Germany produced 3.7 Mt, up 7.0 percent. Turkey produced 3.5 Mt, up 8.0%. Brazil is estimated to have produced 3.2 Mt, up 10.4%. Iran is estimated to have produced 2.2 Mt, down 15.3%.

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

Japan makes progress in US trade talks, secures promise to reduce auto tariffs

Friday, August 8, 2025

Mexico and Canada aim to expand trade and investment beyond USMCA

Friday, August 8, 2025

Trump's new tariffs on more than 90 countries come into effect today

Thursday, August 7, 2025

Türkiye's construction material industry production increased by 4% in May

Friday, August 8, 2025

President Trump imposes 25% tariffs on India over Russian oil

Wednesday, August 6, 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