Crude Steel Production February 2024

WORLD

Africa

+8.1%

1.8Mt

+12.3%

3.7Mt

Asia and Oceania

3.9%

109.7Mt

2.7%

227.1Mt

Russia & other CIS + Ukraine

-2.5%

6.7Mt

-0.7%

13.7Mt

European Union

3.3%

10.6Mt

-0.9%

21.1Mt

Other Europe

+32.5%

3.7Mt

+27.2%

7.6Mt

Middle East

+10.8%

4.2Mt

+17.0%

8.9Mt

North America

-1.2%

8.7Mt

-2.2%

17.7Mt

South America

10.5%

3.5Mt

+7.8%

7.1Mt

Crude steel production by region

Africa produced 1.8 Mt in February 2024, up 8.1% on February 2023. Asia and Oceania produced 109.7 Mt, up 3.9%. The EU (27) produced 10.6 Mt, down 3.3%. Europe, Other produced 3.7 Mt, up 32.5%. The Middle East produced 4.2 Mt, up 10.8%. North America produced 8.7 Mt, down 1.3%. Russia & other CIS + Ukraine produced 6.7 Mt, down 2.5%. South America produced 3.5 Mt, up 10.5%.

RegionFeb 2024 (Mt)% Change Feb 24/23Jan-Feb 2024 (Mt)% Change Jan-Feb 24/23
Africa1.88.13.712.3
Asia and Oceania109.73.9227.12.7
EU (27)10.6-3.321.1-0.9
Europe, Other3.732.57.627.2
Middle East4.210.88.917.0
North America8.7-1.317.7-2.2
Russia & other CIS + Ukraine6.7-2.513.7-0.7
South America3.510.57.14.8
Total 71 countries148.83.7306.93.0

The 71 countries included in this table accounted for approximately 98% of total world crude steel production in 2023.

Regions and countries covered by the table:

  • Africa: Algeria, Egypt, Libya, Morocco, South Africa, Tunisia
  • Asia and Oceania: Australia, China, India, Japan, Mongolia, New Zealand, Pakistan, South Korea, Taiwan (China), Thailand, Viet Nam
  • European Union (27): Austria, Belgium, Bulgaria, Croatia, Czechia, Finland, France, Germany, Greece, Hungary, Italy, Luxembourg, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden
  • Europe, Other: Macedonia, Norway, Serbia, Türkiye, United Kingdom
  • Middle East: Bahrain, Iran, Iraq, Jordan, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, Yemen
  • North America: Canada, Cuba, El Salvador, Guatemala, Mexico, United States
  • Russia & other CIS + Ukraine: Belarus, Kazakhstan, Russia, Ukraine
  • South America: Argentina, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay, Venezuela

Top 10 steel-producing countries

China is estimated to have produced 81.2 Mt in February 2024, up 3.5% on February 2023. India produced 11.8 Mt, up 11.4%. Japan produced 7.0 Mt, up 1.1%. The United States produced 6.5 Mt, down 1.2%. Russia is estimated to have produced 5.7 Mt, down 4.4%. South Korea produced 5.1 Mt, down 1.5%. Türkiye produced 3.1 Mt, up 46.6%. Germany produced 3.1 Mt, up 4.4%. Brazil produced 2.8 Mt, up 13.1%. Iran produced 2.2 Mt, up 14.3%.

CountryFeb 2024 (Mt)% Change Feb 24/23Jan-Feb 2024 (Mt)% Change Jan-Feb 24/23
China81.2e3.5168.01.6
India11.811.424.510.0
Japan7.01.114.30.8
United States6.5-1.213.0-2.6
Russia5.7 e-4.411.7-3.2
South Korea5.1-1.510.80.2
Türkiye3.146.66.334.5
Germany3.14.46.24.6
Brazil2.813.15.56.4
Iran2.214.34.826.5
e – estimated. Ranking of top 10 producing countries is based on year-to-date aggregate