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WSA: World Crude Steel Production down 5.8% in March 2022

https://en.steelhome.com [SteelHome] 2022-04-24 09:43:35

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Crude steel production by region

Global crude steel production was 456.6 Mt in the first three months of 2022, down by 6.8% compared to the same period in 2021. Asia and Oceania produced 331.3 Mt of crude steel in the first quarter of 2022, a decrease of 7.8% on the first quarter of 2021. The EU (27) produced 36.8 Mt of crude steel in the first quarter of 2022, down by 3.8% compared to the same quarter of 2021. North America’s crude steel production in the first three months of 2022 was 28.1 Mt, a decrease of 0.9% compared to the first quarter of 2021. Russia & other CIS + Ukraine produced 24.0 Mt of crude steel in the first quarter of 2022, a decrease of 8.5% on the first quarter of 2021.

Table 1. Crude steel production by region

 

Feb 2022 (Mt)

% change Feb 22/21

Jan-Feb 2022 (Mt)

% change Jan-Feb 22/21

Africa

1.2

-17.1

3.8

-2.9

Asia and Oceania

118.6

-5.0

331.3

-7.8

EU (27)

12.8

-8.5

36.8

-3.8

Europe, Other

4.2

-3.5

11.9

-5.3

Middle East

3.5

-3.5

10.2

-1.9

North America

9.7

-2.8

28.1

-0.9

Russia & other CIS + Ukraine

7.4

-19.2

24.0

-8.5

South America

3.7

1.7

10.6

-3.6

Total 64 countries

161.0

-5.8

456.6

-6.8

The 64 countries included in this table accounted for approximately 98% of total world crude steel production in 2020. Regions and countries covered by the table:

  • Africa: Egypt, Libya, South Africa
  • Asia and Oceania: Australia, China, India, Japan, New Zealand, Pakistan, South Korea, Taiwan (China), Vietnam
  • European Union (27)
  • Europe, Other: Bosnia-Herzegovina, Macedonia, Norway, Serbia, Turkey, United Kingdom
  • Middle East: Iran, Qatar, Saudi Arabia, United Arab Emirates
  • North America: Canada, Cuba, El Salvador, Guatemala, Mexico, United States
  • Russia & other CIS + Ukraine: Belarus, Kazakhstan, Moldova, Russia, Ukraine, Uzbekistan
  • South America: Argentina, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay, Venezuela

Top 10 steel-producing countries

China produced 88.3 Mt in March 2022, down 6.4% on March 2021. India produced 10.9 Mt, up 4.4%. Japan produced 8.0 Mt, down 4.3%. The United States produced 7.0 Mt, down 1.7%. Russia is estimated to have produced 6.6 Mt, down 1.8%. South Korea produced 5.7 Mt, down 6.1%. Germany is estimated to have produced 3.3 Mt, down 11.8%. Turkey produced 3.3 Mt, down 2.9%. Brazil is estimated to have produced 3.0 Mt, up 5.4%. Iran is estimated to have produced 2.3 Mt, down 6.1%.

Table 2. Top 10 steel-producing countries

 

Feb 2022 (Mt)

% change Feb 22/21

Jan-Feb 2022 (Mt)

% change Jan-Feb 22/21

China

75

-10

158

-10

India

10.1

7.6

20.9

6.6

Japan

7.3

-2.3

15.1

-2.2

United States

6.4

1.4

13.4

0.6

Russia (e)

5.8

-1.4

12.4

1

South Korea

5.2

-6

11.2

-2.6

Germany

3.2

3.8

6.5

1.1

Turkey

3

-3.3

6.1

-5.7

Brazil

2.7

-6.9

5.6

-5.8

Iran €

2.5

3.7

5.3

11.8

 e - estimated. Ranking of top 10 producing countries is based on year-to-date aggregate

Notes to Editors:

  • The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world, with members in every major steel-producing country. worldsteel represents steel producers, national and regional steel industry associations, and steel research institutes. Members represent around 85% of global steel production.
  • Information on capacity can be found on the OECD website.

Source from World Steel Association

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