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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%.

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