Steel Matters- Nov/Dec2022
Steel News
Global crude steel production for October flat year-on-year
22 Nov 2022
World crude steel production for the 64 countries reporting to the World Steel Association(worldsteel) was 147.3 million tonnes (Mt) in October 2022, unchanged compared toOctober 2021. Source: Worldsteel Association Africa produced 1.4 Mt in October 2022, up 2.3% on October 2021. Asia and Oceania produced107.3 Mt, up 5.8%. The EU (27) produced 11.3 Mt, down […]
SteelMatters – October 2022
28 Oct 2022
Crude Steel Production Reverse Declining Trend in September
27 Oct 2022
According to the World Steel Association (worldsteel) crude steel production for the 64 countries reporting to the Association was 151.7 million tonnes (Mt) in September 2022, a 3,7% increase compared to September 2021. However, year to date Crude Steel Production remains 4,3% below the previous corresponding period Jan-Sep 2021. Africa produced 1.4 Mt in September […]
Global steel demand to drop 2.3% in 2022
19 Oct 2022
According to the World Steel Association’s Short Range Outlook (SRO) for 2022 and 2023 steel demand will decline by 2,3% in 2022 after increasing by 2.8% in 2021. In 2023 steel demand is expected to recover only slightly by 1,0%. The current forecast represents a downward revision over the earlier forecast. According Mr. Máximo Vedoya, […]
GFSEC event on Steel decarbonisation identified Data and Trade as areas for more coordination in the decarbonisation agenda
14 Oct 2022
With direct emissions accounting for more than a quarter of total industrial emission, the steel sector is of critical importance for achieving the Paris Agreement’s climate goals. While the mission of decarbonising steel is an urgent and compelling one, it remains a challenging task to accomplish, requiring a profound and complex transformation of its production […]
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