14,458.98 TRY BIST 100 BIST 100
7.15 CNY CNY CNY
55.61 EUR EUR EUR
47.93 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
40.87 TRY Interest Interest
92.07 USD Fossil Oil Fossil Oil
6.48 USD Copper Copper
103.28 USD Silver Silver
96.26 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
95.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

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

Canada and US discuss concessions to avoid new tariffs

Sunday, August 9, 2026

Iran’s Revolutionary Guards: We will maintain control of the strait of Hormuz until the US accepts all our conditions

Sunday, August 9, 2026

Mecca Joint Defense Agreement signed between Türkiye, Saudi Arabia and Pakistan

Saturday, August 8, 2026

Hormuz, Bab el-Mandeb traffic declines as Iran issues route warning

Tuesday, August 4, 2026

The Houthis have declared a naval blockade against Saudi Arabia

Tuesday, July 21, 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