January 2024 crude steel production

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 148.1 million tonnes (Mt) in January 2024, a 1.6% decrease compared to January 2023.

Crude steel production by region

• Africa produced 2.0 Mt in January 2024, up 16.3% on January 2023.
• Asia and Oceania produced 107.6 Mt, down 3.6%.
• The EU (27) produced 10.2 Mt, down 1.8%. Europe,
• Other produced 3.9 Mt, up 22.5%.
• The Middle East produced 4.7 Mt, up 23.1%.
• North America produced 9.2 Mt, down 2.1%.
• Russia & other CIS + Ukraine produced 7.2 Mt, up 4.0%.
• South America produced 3.4 Mt, down 6.3%.

The 71 countries included here accounted for approximately 98% of total world crude steel production in 2023.

Regions and countries covered above:

• 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 77.2 Mt in January 2024, down 6.9% on January 2023.
• India produced 12.5 Mt, up 7.3%. Japan produced 7.3 Mt, up 0.6%.
• The United States produced 6.8 Mt, down 0.3%.
• Russia is estimated to have produced 6.2 Mt, up 1.2%.
• South Korea produced 5.7 Mt, up 1.5%.
• Türkiye produced 3.2 Mt, up 24.7%.
• Germany is estimated to have produced 2.9 Mt, down 0.9%.
• Iran produced 2.6 Mt, up 39.3%.
• Brazil is estimated to have produced 2.5 Mt, down 7.2%.

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.