World crude Steel production drop 3.3% in January

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Biznextindia : World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) declined by 3.3% (YoY) to 145.3 million tonnes (Mt) in January 2023.

China is estimated to have produced 79.5 Mt in January 2023, up 2.3% on January 2022. India produced 10.9 Mt, down 0.2%. Japan produced 7.2 Mt, down 6.9%. The United States produced 6.5 Mt, down 6.8%. Russia is estimated to have produced 5.8 Mt, down 8.9%. South Korea produced 5.5 Mt, down 9.8%. Germany produced 2.9 Mt, down 10.2%. Brazil produced 2.8 Mt, down 4.9%. Iran is estimated to have produced 2.7 Mt, up 27.7%. Türkiye produced 2.6 Mt, down 17.6%.

Africa produced 1.2 Mt in January 2023, down 4.9% on January 2022. Asia and Oceania produced 107.5 Mt, down 0.2%. The EU (27) produced 10.3 Mt, down 15.2%. Europe, Other produced 3.3 Mt, down 17.5%. The Middle East produced 3.8 Mt, up 19.7%. North America produced 9.1 Mt, down 5.6%. Russia & other CIS + Ukraine produced 6.5 Mt, down 24.9%. South America produced 3.6 Mt, down 0.6%.

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