World Steel Association

10/22/2024 | Press release | Distributed by Public on 10/22/2024 05:46

September 2024 crude steel production

22 October 2024 Brussels, Belgium

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 143.6 million tonnes (Mt) in September 2024, a 4.7% decrease compared to September 2023.

Crude steel production by region

Africa produced 1.9 Mt in September 2024, up 2.6% on September 2023. Asia and Oceania produced 105.3 Mt, down 5.0%. The EU (27) produced 10.5 Mt, up 0.3%. Europe, Other produced 3.6 Mt, up 4.1%. The Middle East produced 3.5 Mt, down 23.0%. North America produced 8.6 Mt, down 3.4%. Russia & other CIS + Ukraine produced 6.8 Mt, down 7.6%. South America produced 3.5 Mt, up 3.3%.

Table 1. Crude steel production by region

Sep 2024 (Mt) % change Sep 24/23 Jan-Sep
2024 (Mt) 		% change Jan-Sep 24/23
Africa 1.9 2.6 16.6 2.3
Asia and Oceania 105.3 -5.0 1,032.0 -2.5
EU (27) 10.5 0.3 97.8 1.5
Europe, Other 3.6 4.1 33.1 7.8
Middle East 3.5 -23.0 38.4 -1.5
North America 8.6 -3.4 80.0 -3.9
Russia & other CIS + Ukraine 6.8 -7.6 64.9 -2.5
South America 3.5 3.3 31.4 0.0
Total 71 countries 143.6 -4.7 1,394.1 -1.9

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 77.1 Mt in September 2024, down 6.1% on September 2023. India produced 11.7 Mt, down 0.2%. Japan produced 6.6 Mt, down 5.8%. The United States produced 6.7 Mt, up 1.2%. Russia is estimated to have produced 5.6 Mt, down 10.3%. South Korea produced 5.5 Mt, up 1.3%. Germany produced 3.0 Mt, up 4.3%. Türkiye produced 3.1 Mt, up 6.5%. Brazil produced 2.8 Mt, up 9.9%. Iran is estimated to have produced 1.5 Mt, down 41.2%.

Table 2. Top 10 steel-producing countries

Sep 2024 (Mt) % change Sep 24/23 Jan-Sep 2024 (Mt) % change Jan-Sep 24/23
China 77.1 -6.1 768.5 -3.6
India 11.7 -0.2 110.3 5.8
Japan 6.6 -5.8 63.3 -3.2
United States 6.7 1.2 60.3 -1.6
Russia 5.6 e -10.3 54.0 -5.5
South Korea 5.5 1.3 48.1 -4.6
Germany 3.0 4.3 28.4 4.0
Türkiye 3.1 6.5 27.9 13.8
Brazil 2.8 9.9 25.2 4.4
Iran 1.5 e -41.2 21.3 -3.1

e - estimated. Ranking of top 10 producing countries is based on year-to-date aggregate

Notes to Editors:

  • 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.
  • worldsteel makes a limited set of data available free of charge via the Steel Data Viewer. A subscription with access to the iron and crude steel production data for all other countries is available for €1,485 via the worldsteel bookshop. This subscription includes access to 20 years of data in the Steel Statistical Yearbook. Please contact [email protected] with any questions.
  • Information on capacity can be found on the OECD website.