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Crude Steel Production Dips below the 150 MT in July

According to the World Steel Organisation, global crude steel production in July was 149.3 million tonne (MT), a 6.5% decline compared to July 2021.

Africa produced 1.2 MT in July 2022, a 5,4% decline compared to July 2021. South Africa’s crude steel production declined by 7,2% in July 2022 compared to July 2021. For more details on South Africa crude steel production numbers visit SA Crude Steel Production.

Asia and Oceania produced 110.1 Mt, down 5.2%. The EU (27) produced 11.7 Mt, down 6.7%. Europe, Other produced 3.5 Mt, down 16.5%. The Middle East produced 3.2 Mt, up 24.2%. North America produced 9.6 Mt, down 5.4%. Russia & other CIS + Ukraine produced 6.4 Mt, down 29.1%. South America produced 3.6 Mt, down 7.8%.

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SteelMatters – JUNE 2024

This month, we cover primary steel trade, steel-consuming sectors, international steel prices, high imports, declining exports, and slowing production in South Africa's steel sector.