22 Sep 2022

According to the World Steel Association (worldsteel) crude steel production for the 64 countries reporting to the Association was 150.6 million tonnes (Mt) in August 2022, a decrease (-3,0%) compared to August 2021. However, a slight increase, albeit minimal, by 1,3 Mt (+0,9%) compared to July 2022.

Comparing August 2022 to the previous corresponding period of August 2021,the Middle East and Africa and were the only two regions up, increase of 34,2% and 3,5%, respectively. Crude steel production was down in the following regions: Asia and Oceania (- 0,2%); the EU (27) (-13,3%); Europe-Other (-18,6%); the Middle East (34,2%); North America (-5.4%). Russia & other CIS + Ukraine (-22,4%); and South America (-10,1%).

To-date 1 253,9 Mt of crude steel production has been produced, a 5,1% decline compared to 1 321,9 Mt produced during the corresponding previous period of January-August 2021.