May 2024 crude steel production
World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 165.1 million tonnes (Mt) in May 2024, a 1.5% increase compared to May 2023.
Crude steel production by region
Africa produced 1.8 Mt in May 2024, up 0.9% on May 2023. Asia and Oceania produced 122.1 Mt, up 1.6%. The EU (27) produced 11.7 Mt, up 1.8%. Europe, Other produced 3.9 Mt, up 6.2%. The Middle East produced 5.2 Mt, up 4.6%. North America produced 9.4 Mt, down 0.9%. Russia & other CIS + Ukraine produced 7.7 Mt, up 2.8%. South America produced 3.3 Mt, down 8.2%.
Table 1. Crude steel production by region
| May 2024 (Mt) | % change May 24/23 | Jan-May 2024 (Mt) | % change Jan-May 24/23 | |
| Africa | 1.8 | 0.9 | 9.2 | 5.4 |
| Asia and Oceania | 122.1 | 1.6 | 586.2 | -0.6 |
| EU (27) | 11.7 | 1.8 | 56.1 | -0.1 |
| Europe, Other | 3.9 | 6.2 | 18.6 | 12.4 |
| Middle East | 5.2 | 4.6 | 24.0 | 7.7 |
| North America | 9.4 | -0.9 | 45.2 | -3.0 |
| Russia & other CIS + Ukraine | 7.7 | 2.8 | 36.7 | 0.1 |
| South America | 3.3 | -8.2 | 17.3 | -1.4 |
| Total 71 countries | 165.1 | 1.5 | 793.2 | -0.1 |
The 71 countries included in this table accounted for approximately 98% of total world crude steel production in 2023.
Regions and countries covered by the table:
- 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 produced 92.9 Mt in May 2024, up 2.7% on May 2023. India produced 12.2 Mt, up 3.5%. Japan produced 7.2 Mt, down 6.3%. The United States produced 6.9 Mt, down 1.5%. Russia is estimated to have produced 6.3 Mt, down 0.9%. South Korea produced 5.2 Mt, down 10.9%. Germany produced 3.2 Mt, down 1.9%. Türkiye produced 3.2 Mt, up 11.6%. Iran produced 3.3 Mt, up 2.1%. Brazil produced 2.6 Mt, down 7.4%.
Table 2. Top 10 steel-producing countries
| May 2024 (Mt) | % change May 24/23 | Jan-May 2024 (Mt) | % change Jan-May 24/23 | ||
| China | 92.9 | 2.7 | 438.6 | -1.4 | |
| India | 12.2 | 3.5 | 61.9 | 7.7 | |
| Japan | 7.2 | -6.3 | 35.7 | -2.3 | |
| United States | 6.9 | -1.5 | 33.4 | -2.4 | |
| Russia | 6.3 | e | -0.9 | 30.9 | -2.5 |
| South Korea | 5.2 | -10.9 | 26.4 | -6.3 | |
| Germany | 3.2 | -1.9 | 16.2 | 3.7 | |
| Türkiye | 3.2 | 11.6 | 15.5 | 19.8 | |
| Iran | 3.3 | 2.1 | 14.0 | 9.1 | |
| Brazil | 2.6 | e | -7.4 | 13.6 | 0.6 |
e – estimated. Ranking of top 10 producing countries is based on year-to-date aggregate
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.
