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.
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World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 169.5 million tonnes (Mt) in May 2022, a 3.5% decrease compared to May 2021.
Africa produced 1.1 Mt in May 2022, down 18.9% on May 2021. Asia and Oceania produced 126.8 Mt, down 1.7%. The EU (27) produced 12.9 Mt, down 6.8%. Europe, Other produced 4.1 Mt, down 1.7%. The Middle East produced 3.5 Mt, down 10.0%. North America produced 9.9 Mt, down 4.0%. Russia & other CIS + Ukraine produced 7.4 Mt, down 19.1%. South America produced 3.8 Mt, down 2.8%.
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