February 2024 world’s crude steel production

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 148.8 million tonnes (Mt) in February 2024, a 3.7% increase compared to February 2023.

Crude steel production by region

• Africa produced 1.8 Mt in February 2024, up 8.1% on February 2023.
• Asia and Oceania produced 109.7 Mt, up 3.9%.
• The EU (27) produced 10.6 Mt, down 3.3%.
• Europe, Other produced 3.7 Mt, up 32.5%.
• The Middle East produced 4.2 Mt, up 10.8%.
• North America produced 8.7 Mt, down 1.3%.
• Russia & other CIS + Ukraine produced 6.7 Mt, down 2.5%.
• South America produced 3.5 Mt, up 10.5%. 

The 71 countries included above accounted for approximately 98% of total world crude steel production in 2023. Regions and countries covered:

• Africa: Algeria, Egypt, Libya, Morocco, South Africa, Tunisia
• Asia and Oceania: Australia, China, India, Japan, Mongolia, New Zealand, Pakistan, South Korea, Taiwan (China), Thailand, Viet Nam
• European Union (27): Austria, Belgium, Bulgaria, Croatia, Czechia, Finland, France, Germany, Greece, Hungary, Italy, Luxembourg, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden
• Europe, Other: Macedonia, Norway, Serbia, Türkiye, United Kingdom
• Middle East: Bahrain, Iran, Iraq, Jordan, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, Yemen
• North America: Canada, Cuba, El Salvador, Guatemala, Mexico, United States
• Russia & other CIS + Ukraine: Belarus, Kazakhstan, Russia, Ukraine
• South America: Argentina, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay, Venezuela

Top 10 steel-producing countries

• China is estimated to have produced 81.2 Mt in February 2024, up 3.5% on February 2023.
• India produced 11.8 Mt, up 11.4%.
• Japan produced 7.0 Mt, up 1.1%.
• The United States produced 6.5 Mt, down 1.2%.
• Russia is estimated to have produced 5.7 Mt, down 4.4%.
• South Korea produced 5.1 Mt, down 1.5%.
• Türkiye produced 3.1 Mt, up 46.6%.
• Germany produced 3.1 Mt, up 4.4%.
• Brazil produced 2.8 Mt, up 13.1%. Iran produced 2.2 Mt, up 14.3%.

The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world, with members in every major steel-producing country. worldsteel represents steel producers, national and regional steel industry associations, and steel research institutes. Members represent around 85% of global steel production.