Steel: crude production in May fell by 3.5 % y/y

World crude steel production for the 64 countries belonging to the World Steel Association was 169.5 million tonnes (Mt) in May 2022, down 3.5% from May 2021.

Crude steel production by region:

• Africa produced 1.1 Mt in May 2022, down 18.9% from May 2021;
• Asia and Oceania produced 126.8 Mt, down 1.7%;
• The EU (27) produced 12.9 Mt, down 6.8%. Europe and other countries produced 4.1 Mt, down 1.7%;
• The Middle East produced 3.5 Mt, down 10.0%;
• North America produced 9.9 Mt, down 4.0%;
• Russia and other CIS + Ukraine produced 7.4 Mt, down 19.1%;
• South America produced 3.8 Mt, down 2.8%.

Top 10 steel producing countries:

• China produced 96.6 Mt in May 2022, down 3.5% from May 2021;
• India produced 10.6 Mt, up 17.3%;
• Japan produced 8.1 Mt, down 4.2%;
• The US produced 7.2 Mt, down 2.6%;
• Russia produced an estimated 6.4 Mt, down 1.4%;
• South Korea produced 5.8 Mt, down 1.4%;
• Germany produced 3.2 million tonnes, down 11.5%;
• Turkey produced 3.2 million tonnes, down 1.4%;
• Brazil produced 3.0 million tonnes, down 4.9%;
• Iran is estimated to have produced 2.3 million tonnes, down 17.6%.