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World steel production

World steel production

World steel production. Apparent Steel Use (finished steel products) 21 Apparent Steel Use per Capita (finished steel products) 24 Production of Pig Iron 27 Production of Direct Reduced Iron 29 Indirect Exports of Steel 30 Indirect Imports of Steel 32 Indirect Net Exports of Steel 34 True Steel Use (finished steel equivalent) 36 True Steel Use per Capita (finished Jan 25, 2024 · This is evidenced by the global ranking of 71 steel-producing countries by the World Steel Association. 3% decrease compared to December 2022. Meanwhile, China and India have consistently grown their production to become the top two steel producing nations. Production. Therefore, this report should be used primarily to assess production trends. 5 billion metric tons of steel were produced in only seven regions, with China producing the majority at 1017 million tons of steel. To understand the strength of this company, it is enough to think that China Baowu alone exceeds the production of the second nation in the world for steel production (China). The European Union has approved the CBAM, which will start its pilot phase in October 2023 and become effective in January 2026, gradually ending free ETS Aug 7, 2024 · 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. 3% increase compared to November 2022. Total steel production in the CIS countries + Ukraine increased by 4. Find out the world steel production by country from 1967 to 2021, based on data from the World Steel Association. Exports of semi-finished and finished steel products ; Imports of semi-finished and finished steel products ; Apparent steel u Global steel production, 2010-2019 - Chart and data by the International Energy Agency. Jun 3, 2020 · Following this logic, pure hydrogen-based steel production is expected to be cash cost competitive between 2030 and 2040 in Europe. About; News; Events World Energy Investment 2024. Although China dominates the world’s steel production with more than a 54% share today, this hasn’t always been the case. It is used in every aspect of our lives; in cars and construction products, refrigerators and washing machines, cargo ships and surgical scalpels. worldsteel has launched a new interactive map, featuring charts and tables showing the global evolution of steel production, trade and use since 2000. worldsteel publishes global crude steel production statistics on a monthly basis, covering the 63 countries reporting to worldsteel. Steelmaking is the process of producing steel from iron ore and/or scrap. 0% decrease compared to April 2023. 11 Cost competitiveness assessment of hydrogen-based steel is only viable if capex implications, ie, depreciation, are excluded, as conventional steel production assets are largely written off. and Russia scaling down their domestic production and relying more on imports. Dec 19, 2023 · Japan's Nippon Steel clinched a deal on Monday to buy U. Below is a list of the world's top 10 steelmakers and their annual output, according to 2022 data Dec 14, 2023 · The World Steel Association (worldsteel)’s Steel Statistical Yearbook presents a cross-section of steel industry statistics. 7 million tonnes (Mt) in April 2024, a 5. 6% increase compared to July 2022. 6% increase compared to October 2022. 8 million tonnes (Mt) in February 2024, a 3. List of steel producers by tonnage. 9 billion in cash. Steel use by sector. Jun 7, 2023 · The publication provides a comprehensive overview of steel industry activities, stretching from crude steel production to apparent steel use, from indications of global steel trade flows to iron ore production and trade. 2% increase compared to August 2022. A report on the global steel industry in 2022, including crude steel production, steel use, raw materials, trade and sustainability. Short Range Outlook. o Total world crude steel production in 20 1. 5 million tonnes (Mt) in 2021, an increase of 3. Feb 22, 2023 · World crude steel production for the 63 countries reporting to worldsteel was 145. 7 million tonnes (Mt) in December 2021, a 3. Percentage of steel use by sector. The EAF is different from the blast furnace as it produces steel by using an electrical current to melt scrap steel, direct reduced iron, and/or pig iron, to produce molten steel. Jun 21, 2024 · worldsteel issues press releases about topics affecting the steel industry as well as global crude steel production data per country and region on a monthly basis. 7 million tonnes (Mt) in December 2023, a 5. Jul 23, 2024 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 165. . 8 million tonnes (Mt) in July 2024, a 4. 2 million tonnes (Mt) in March 2024, a 4. A comprehensive report on the global steel industry, including production, use, trade, sustainability and safety. Our subscriptions. Aug 22, 2024 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 152. CRUDE STEEL PRODUCTION World crude steel production, 1950 to 2020 Top steel-producing companies, 2020 Major steel-producing countries, 2019 and 2020 Crude steel production by process, 2020 Continuously-cast steel output, 2018 to 2020 Monthly crude steel production, 2017 to 2020 STEEL USE Steel production and use: geographical distribution, 2010 Jun 28, 2024 · In 2022, roughly 1. Jun 28, 2024 · Production of steel concrete reinforcing bars in Canada 2000-2021; World Steel Association, The world's largest 15 crude steel producers in 2022, by production volume (in million metric tons Feb 23, 2024 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 148. 0 million tonnes (Mt) in October 2023, a 0. 7% from the previous total of 1,880. 2% from one year ago. More on our data. This follows India – the world's second largest steel producer – highlighting the importance of scrap as a means to halve the CO 2 intensity of its domestic steel production by 2030. An overview of global steel industry data. Jun 28, 2024 · Statista provides data on global crude steel production from 2012 to 2022, as well as forecasts and trends for 2023. 7 million tonnes (Mt) in September 2022, a 3. Learn about the demand, supply, and recycling of steel worldwide. Jun 21, 2024 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 165. We find that world steel production and Lutz Kilian's (2009) index of global real economic activity generate large gains in forecasting world real GDP, relative to an autoregressive benchmark. Apr 9, 2024 · The World Steel Association (worldsteel) has today released its Short Range Outlook (SRO) steel demand forecast for 2024 and 2025. Steel is the backbone of manufacturing, construction, infrastructure, transportation and the energy sector, and is a critical input for building the green energy infrastructure. 7% increase compared to February 2023. We have said many times that the steel industry is at the heart of the global economy and equally so at the core of our sustainable modern so • Global steel production down 3. 0% y/y); Oct 19, 2022 · worldsteel has released an update of its Short Range Outlook (SRO) for world steel demand for 2022 and 2023. The World Steel Association has a policy paper on climate change and the production of iron and steel. CRUDE STEEL PRODUCTION World crude steel production, 1950 to 2023 Top steel-producing companies, 2023 Major steel-producing countries, 2022 and 2023 Crude steel production by process, 2023 Continuously-cast steel output, 2021 to 2023 Monthly crude steel production, 2020 to 2023 STEEL USE Steel production and use: geographical distribution, 2013 The use of EAFs has expanded and now accounts for over 70 percent of steel production in the United States. Unlike many industries, steel production weathered the COVID-19 pandemic relatively well, with year-on-year production falling less than 1% in 2020. World Energy Investment 2024. 1 million tonnes (Mt) in January 2024, a 1. Jun 8, 2021 · Global steel production has more than tripled over the past 50 years, despite nations like the U. 2% from the 2019 level of 1. 4 million tonnes (Mt) in June 2024, a 0. 3% from December 2022 with Chinese output in December sliding by 14. 5% over the year compared to 2022 – to 88. Jun 6, 2024 · The publication provides a comprehensive overview of steel industry activities, stretching from crude steel production to apparent steel use, from indications of global steel trade flows to iron ore production and trade. Steel impact. In 1967, the World Steel Association’s first recorded year of steel production figures, China only produced an estimated 14 million tonnes, making up barely 3% of global Aug 22, 2023 · World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 158. 84 billion metric tons. 4 million mt. Global steel production in the Net Zero Scenario, 2010-2030 - Chart and data by the International Energy Agency. 4 million metric tons in May 2021. Global steel production reached 1,950. Global crude steel production by process route and scenario, 2019-2050 - Chart and data by the International Energy Agency. 5% increase compared to May 2023. Find out the top steel-producing countries, companies and processes, and the challenges and opportunities for decarbonisation. Find out the latest data on crude steel production, CO2 emissions, energy intensity, material efficiency and more. 4 Mt in 2020. 6% decrease compared to January 2023. 7% increase compared to September 2021. 9 million metric tons compared with 174. How to subscribe to our monthly or annual data. In steelmaking, impurities such as nitrogen, silicon, phosphorus, sulfur, and excess carbon (the most important impurity) are removed from the sourced iron, and alloying elements such as manganese, nickel, chromium, carbon, and vanadium are added to produce different grades of steel. 0% decrease compared to December 2020. 3 million tonnes (Mt) in January 2023. 7 million tonnes (Mt) in December 2022, a 10. Dec 21, 2023 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 145. The steel industry plays a strategic role in nearly all economies. 5 million tonnes (Mt) in July 2023, a 6. 5 million metric tons this November, representing a 3. In second place in this ranking we find Arcleor Mittal with 78. In 1967, the World Steel Association’s first recorded year of steel production figures, China only produced an estimated 14 million tonnes, making up barely 3% of global Steel mill with two arc furnaces. 5 million tonnes (Mt) in November 2023, a 3. A list of the biggest steel-producing companies in the world in 2022. [2] Economics: The association publishes monthly production statistics and two annual statistical publications: the Steel Statistical Yearbook and World Steel in Figures. The China-based steelmaker, Baowu Group, was the world’s largest Jan 25, 2022 · World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 158. World Steel in Figures publications from 2002 to 2022. Oct 25, 2022 · World crude steel production was 151. Dr Edwin Basson – Director General. 3 percent increase compared with November 2022. 1 million tons. Jan 25, 2024 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 135. 5% increase compared to June 2023. Jan 31, 2023 · World crude steel production was 140. May 18, 2023 · China’s Meteoric Rise in Steel Production. Steel demand forecast. S. Mar 22, 2024 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 148. 83 billion metric tons20, at , was down by 0. o Global production in June 2021 increased 13. 3% decrease compared to March 2023. We recently issued our April Short Range Outlook in the shadow of the human and economic tragedy taking place in Ukraine; we hope peace will Aug 7, 2024 · 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. 8% decrease compared to December 2021. 8. 7 million mt, down 5. 5% in 2024 as mills look to address oversupply and weak profit margins. Check the page out. Steel is the world's most important engineering and construction material. These 64 countries produced 98% of the world's steel in 2020. 7was % in June 2021, at 167. It can be recycled over and over again without loss of property. Mar 25, 2024 · Over the years, China, the world's biggest steel producer, has increased production and flooded the markets with cheap steel. The figures are compiled from weekly production tonnage provided by approximately 50% of the domestic production capacity combined with the most recent monthly production data for the remainder. Sep 25, 2023 · World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 152. Steel industry social and economic impact. About our data. Check it out. Jun 7, 2022 · The World Steel Association (worldsteel) has published the 2022 edition of World Steel in Figures. World crude steel production, 1950 to 2021 Top steel-producing companies, 2021 Major steel-producing countries, 2021 and 2020 Crude steel production by process, 2021 Continuously-cast steel output, 2019 to 2021 Monthly crude steel production, 2018 to 2021 STEEL USE Steel production and use: geographical distribution, 2011 Steel production and CRUDE STEEL PRODUCTION World crude steel production, 1950 to 2019 Top steel-producing companies, 2019 Major steel-producing countries, 2018 and 2019 Crude steel production by process, 2019 Continuously-cast steel output, 2017 to 2019 Monthly crude steel production, 2016 to 2019 STEEL USE Steel production and use: geographical distribution, 2009 Apr 23, 2024 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 161. Flagship report — June 2024 World crude steel production, 1950 to 2022 Top steel-producing companies, 2022 Major steel-producing countries, 2021 and 2022 Crude steel production by process, 2022 Continuously-cast steel output, 2020 to 2022 Monthly crude steel production, 2019 to 2022 STEEL USE Steel production and use: geographical distribution, 2012 Steel production and May 22, 2024 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 155. See the rankings, trends and changes of the top steel producers, such as China, India, Japan and the US. 1 million tonnes (Mt) in May 2024, a 1. Information on future trends is published twice a year, in the form of a Apr 25, 2020 · World steel production data is published with only a one-month delay, thereby providing timely information for world real GDP forecasters. The top ten steel-producing countries, according to World Steel, are: China – 1,019 billion tons (+0. May 19, 2023 · China’s Meteoric Rise in Steel Production. Jan 25, 2024 · In December, world crude steel production stood at 135. 6 million tonnes (Mt) in August 2023, a 2. World crude steel production, 1950 to 2021 Top steel-producing companies, 2021 Major steel-producing countries, 2021 and 2020 Crude steel production by process, 2021 Continuously-cast steel output, 2019 to 2021 Monthly crude steel production, 2018 to 2021 STEEL USE Steel production and use: geographical distribution, 2011 Steel production and Nov 22, 2023 · World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 150. World crude steel production, 1950 to 2022 Top steel-producing companies, 2022 Major steel-producing countries, 2021 and 2022 Crude steel production by process, 2022 Continuously-cast steel output, 2020 to 2022 Monthly crude steel production, 2019 to 2022 STEEL USE Steel production and use: geographical distribution, 2012 Steel production and Dec 21, 2023 · World crude steel production for the 71 countries reporting to the Brussels-based World Steel Association (Worldsteel) was 145. Steel for $14. 9% to 67. According to analysts with S&P Global Commodity Insights, China's steel production is expected to slow by 0. Sep 7, 2024 · The raw steel production tonnage provided in this report is estimated. 5 and in third place Hesteel Group with 43. 7% decrease compared to July 2023. Total production of crude steel ; Trade. yrnll xhxy wlvzzc evea styrl wekiqpz pburfj lawqoxi nclle vtezm