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October 2024 Crude Steel Production

Jan. 20, 2025

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 152.1 million tonnes (Mt) in October 2024, a 1.0% increase compared to October 2023.


October 2024 Crude Steel Production

Crude steel production by region


Africa produced 2.0 Mt in October 2024, down 0.4% on October 2023. Asia and Oceania produced 111.3 Mt, up 1.7%. The EU (27) produced 11.3 Mt, up 5.5%. Europe, Other produced 3.4 Mt, down 6.2%. The Middle East produced 5.0 Mt, up 5.4%. North America produced 8.8 Mt, down 3.6%. Russia & other CIS + Ukraine produced 6.7 Mt, down 12.2%. South America produced 3.8 Mt, up 7.2%.


Table 1. Crude steel production by region

 

Table 1. Crude Steel Production by Region


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 81.9 Mt in October 2024, up 2.9% on October 2023. India produced 12.5 Mt, up 1.7%. Japan produced 6.9 Mt, down 7.8%. The United States produced 6.6 Mt, down 2.0%. Russia is estimated to have produced 5.6 Mt, down 15.2%. South Korea produced 5.4 Mt, down 1.8%. Germany produced 3.2 Mt, up 14.7%. Türkiye produced 3.0 Mt, up 0.7%. Brazil produced 3.1 Mt, up 16.2%. Iran produced 3.0 Mt, down 1.9%..

 

Table 2. Top 10 steel-producing countries

 Table 2. Top 10 Steel-Producing Countries


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