World Steel Association: January 2023 crude steel production Down 3.3%

World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 145.3 million tonnes (Mt) in January 2023, a 3.3% decrease compared to January 2022.

The decline in production during Jan-2023 compared to the previous year was recorded in the following regions: Russia & other CIS + Ukraine produced (6.5 Mt, down 24.9%), Europe-Other (3.3 Mt, down 17.5%),EU (27) (10.3 Mt, down 15.2%),North America (9.1 Mt, down 5.6%) Africa ( 1.2 Mt , down 4.9%),Asia and Oceania (107.5 Mt, down 0.2%), and (South America 3.6 Mt, down 0.6%)

The Middle East recorded increase in production volume during Jan-2023 compared to the previous year, producing 3.8 Mt, up 19.7%.