Global crude steel production declined by 1.0% in February 2023

- Published March 24, 2023
In February 2023, global crude steel production decreased by 1.0% compared to the same month in 2022 and 8.4% compared to January 2023, reaching 142.4 million tonnes (Mt), according to the World Steel Association (worldsteel).

Crude steel production by region
- Africa produced 1.1 Mt in February 2023, down 11.9% on February 2022.
- Asia and Oceania produced 106.6 Mt, up 3.0%.
- The EU (27) produced 10.5 Mt, down 12.6%.
- Europe, Other produced 2.7 Mt, down 24.9%.
- The Middle East produced 3.5 Mt, up 11.5%.
- North America produced 8.3 Mt, down 5.5%.
- Russia & other CIS + Ukraine produced 6.4 Mt, down 21.3%.
- South America produced 3.2 Mt, down 3.1%
Top 10 steel-producing countries
China is estimated to have produced 80.1 Mt in February 2023, up 5.6% on February 2022. India produced 10.0 Mt, down 1.0%. Japan produced 6.9 Mt, down 5.3%. The United States produced 6.0 Mt, down 5.3%. Russia is estimated to have produced 5.6 Mt, down 8.6%. South Korea produced 5.2 Mt, up 1.1%. Germany produced 3.0 Mt, down 6.9%. Brazil produced 2.5 Mt, down 6.7%. Iran is estimated to have produced 2.4 Mt, up 14.6%. Türkiye produced 2.1 Mt, down 28.9%.
Search All Articles
Categories
Latest Articles
The January 2025 Steel Matter highlights South Africa’s steel industry challenges, import surges, production declines, global competitiveness, infrastructure opportunities, and SAISI’s advocacy for local manufacturing and sustainability.
SteelMatters – November 2024
The November 2024 issue of Steel Matters highlights the South African steel industry's challenges, collaborative strategies, trade statistics, and impactful community upliftment initiatives.