Crude steel: production falls 5.1% in May

World crude steel production of the 63 countries belonging to the World Steel Association (worldsteel) was 161.6 million tonnes (Mt) in May 2023, down 5.1% from May 2022.

Africa produced 1.3 million tonnes in May 2023, an increase of 18.6% compared to May 2022. Asia and Oceania produced 119.5 Mt, down 6.0%. The EU (27) produced 11.6 Mt, down 11.2%. Europe and other countries produced 3.7 Mt, down 7.7%.

The Middle East produced 4.4 Mt, up 4.3%. North America produced 9.6 Mt, down 3.7%. Russia and the other CIS countries + Ukraine produced 7.9 Mt, up 11.5%. South America produced 3.6 Mt, down 5.2%.

China produced 90.1 Mt in May 2023, down 7.3% from May 2022. India produced 11.2 Mt, up 4.1%. Japan produced 7.6 Mt, down 5.2%. The US produced 6.9 Mt, down 2.3%. Russia produced an estimated 6.8 Mt, up 8.8%.

South Korea produced 5.8 Mt, down 0.1%. Germany produced 3.2 million tonnes, up 0.2%. Brazil produced 2.8 million tonnes, down 5.5%. Turkey produced 2.9 million tonnes, down 10.4%. Iran produced 3.3 million tonnes, up 8.8%.

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World Crude Steel Production – Powered by Commodity Evolution