World Steel Association

01/25/2024 | Press release | Distributed by Public on 01/25/2024 06:59

December 2023 crude steel production and 2023 global crude steel production totals

25 January 2024 Brussels, Belgium

December 2023 crude steel production

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 135.7 million tonnes (Mt) in December 2023, a 5.3% decrease compared to December 2022.

Crude steel production by region

Africa produced 1.9 Mt in December 2023, up 17.7% on December 2022. Asia and Oceania produced 96.4 Mt, down 9.7%. The EU (27) produced 9.1 Mt, up 2.7%. Europe, Other produced 3.9 Mt, up 19.4%. The Middle East produced 4.9 Mt, up 9.6%. North America produced 9.3 Mt, up 5.3%. Russia & other CIS + Ukraine produced 7.1 Mt, up 11.8%. South America produced 3.2 Mt, down 3.2%.

Table 1. Crude steel production by region

Dec 2023 (Mt) % change Dec 23/22 Jan-Dec
2023 (Mt) 		% change Jan-Dec 23/22
Africa 1.9 17.7 22.0 5.7
Asia and Oceania 96.4 -9.7 1,367.2 0.7
EU (27) 9.1 2.7 126.3 -7.4
Europe, Other 3.9 19.4 41.7 -4.6
Middle East 4.9 9.6 53.2 1.3
North America 9.3 5.3 109.6 -1.7
Russia & other CIS + Ukraine 7.1 11.8 88.1 4.5
South America 3.2 -3.2 41.5 -5.7
Total 71 countries 135.7 -5.3 1,849.7 -0.1

The 71 countries included in this table accounted for approximately 98% of total world crude steel production in 2022.

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 67.4 Mt in December 2023, down 14.9% on December 2022. India produced 12.1 Mt, up 9.5%. Japan produced 7.0 Mt, up 1.1%. The United States produced 6.8 Mt, up 7.6%. Russia is estimated to have produced 6.0 Mt, up 4.3%. South Korea produced 5.4 Mt, up 2.7%. Germany produced 2.6 Mt, down 2.3%. Türkiye produced 3.2 Mt, up 21.2%. Brazil produced 2.5 Mt, up 0.9%. Iran produced 2.9 Mt, up 12.1%.

Table 2. Top 10 steel-producing countries
Dec 2023 (Mt) % change Dec 23/22 Jan-Dec 2023 (Mt) % change Jan-Dec 23/22
China 67.4 -14.9 1,019.1 0.0
India 12.1 9.5 140.2 11.8
Japan 7.0 1.1 87.0 -2.5
United States 6.8 7.6 80.7 0.2
Russia 6.0 e 4.3 75.8 5.6
South Korea 5.4 2.7 66.7 1.3
Germany 2.6 -2.3 35.4 -3.9
Türkiye 3.2 21.2 33.7 -4.0
Brazil 2.5 0.9 31.9 -6.5
Iran 2.9 12.1 31.1 1.8

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

2023 global crude steel production totals

Total world crude steel production was 1,882.7 Mt in 2023. Please see the Steel Data Viewer for the complete listing of annual production totals by country.

Table 3: 2023 global crude steel production

Rank Country 2023 2022 %2023/2022
1 China 1,019.1 1,018.0 0.1
2 India 140.2 125.4 11.8
3 Japan 87.0 89.2 -2.5
4 United States 80.7 80.5 0.2
5 Russia (e) 75.8 71.7 5.6
6 South Korea 66.7 65.8 1.3
7 Germany 35.4 36.9 -3.9
8 Turkey 33.7 35.1 -4.0
9 Brazil 31.9 34.1 -6.5
10 Iran 31.1 30.6 1.8
11 Italy 21.1 21.6 -2.4
12 Viet Nam (e) 19.0 20.0 -5.0
13 Taiwan, China (e) 18.9 20.8 -8.9
14 Mexico (e) 16.3 18.4 -11.6
15 Indonesia (e) 16.0 15.6 2.8
16 Canada (e) 12.3 12.1 1.3
17 Spain 11.3 11.6 -2.7
18 Egypt 10.4 9.8 5.4
19 France 10.0 12.1 -17.4
20 Saudi Arabia 9.9 9.9 0.8
21 Malaysia (e) 7.5 7.2 4.1
22 Austria 7.1 7.5 -5.0
23 Poland (e) 6.4 7.4 -13.1
24 Ukraine 6.2 6.3 -0.6
25 Belgium (e) 5.9 7.0 -16.1
26 United Kingdom 5.6 6.0 -6.5
27 Bangladesh (e) 5.5 5.2 5.8
28 Australia 5.5 5.6 -2.9
29 Pakistan (e) 5.3 6.0 -11.3
30 Thailand (e) 5.0 5.3 -6.7
31 Argentina 4.9 5.1 -3.2
32 South Africa 4.9 4.4 10.6
33 Netherlands 4.7 6.1 -23.9
34 Slovakia (e) 4.5 3.9 15.4
35 Algeria 4.4 4.3 2.8
36 Sweden 4.3 4.4 -3.3
37 Kazakhstan 3.9 4.1 -5.5
38 Finland 3.8 3.5 7.7
39 Czechia 3.4 4.3 -21.1
40 United Arab Emirates 3.2 3.2 0.8
Others 39.6 41.4 -4.4
World 1,888.2 1,887.6 0.0

e - annual figure estimated using partial data or non-worldsteel resources.

* The world total production figure in this table includes estimates of other countries that only report annually.

#Ends#

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.