Displaying items by tag: World

World: Global steel production was 1.86Bnt in 2020, down by 1% year-on-year from 1.88Bn in 2019. The decrease is the first since 2015. The sharpest declines were recorded in the US (17%), Japan (16%), the EU (12%) and India (11%). Chinese steel production rose for a sixth consecutive year to 1.05Bnt, up by 5% from 1.00Bnt. The rest of the world produced 811Mt, down by 8% from 879Mt. China’s share of world steel production rose to 57% from 53%.

World: Data from the World Steel Association shows that global crude steel production fell by 1.4% year-on-year to 443Mt in the first three months of 2020. Asia produced 316Mt of crude steel in the first quarter of 2020, a year-on-year decrease of 0.3%. The European Union (EU) produced 38.3Mt of crude steel in the first quarter of 2020, down by 10%. North America’s crude steel production fell by 4% to 29.5Mt.

World: Crude steel production grew by 4.9% year-on-year to 925Mt in the first half of 2019 from 882Mt in the same period in 2018. Data from the World Steel Association shows production increased in Asia and North American, remained stable in the Commonwealth of Independent States (CIS) region but that it fell in the European Union. Of the larger individual steel producing countries gains were reported in China, India and South Korea, but declines were noted in Germany and Japan.

World: Global steel production rose by 4.6% year-on-year to 1.81Bnt in 2018 from 1.73Bnt in 2017. Data from the World Steel Association shows that production rose fastest in the Middle East, Africa and Australasia. Asian production rose by 5.6% to 1.27Bnt and North American production grew by 4.1% to 121Mt. European production remained static at 312Mt, with a slight dip in the European Union (EU) balanced by slight growth in the Commonwealth of Independent States (CIS). China remained the largest steel producing country, with 9.28Mt in 2018. It was followed by India, Japan, the US and South Korea.