SynopsisIn August 2023, global crude steel production reached 152.6 million metric tons, showing a 2.2% increase compared to the same month in 2022. Notably, Africa demonstrated a substantial increase of 16.1%, while Asia and Oceania saw a 3.5% rise in production. However, the European Union reported a decrease of 4.4%, and the Middle East production declined by 16.0%. This report provides insights into the performance of various regions and the top steel-producing nations during August 2023.ArticleGlobal crude steel production for August 2023, reported by 63 countries to the World Steel Association (worldsteel), amounted to 152.6 million metric tons. This figure represents a 2.2% increase when compared to August 2022.Africa: In August 2023, Africa produced 1.5 million metric tons of crude steel, marking a significant surge of 16.1% compared to the same period in the previous year.Asia and Oceania: The combined steel production for Asia and Oceania reached 115.7 million metric tons, indicating a notable increase of 3.5%.European Union (EU 27): The EU-27 reported a production of 9.1 million metric tons, reflecting a decrease of 4.4% during August.Europe, Other: Europe, Other, produced 3.4 million metric tons of crude steel, with a decrease of 3.2% compared to August 2022.Middle East: The Middle East reported a production of 2.8 million metric tons, experiencing a decline of 16.0%.North America: North America's crude steel production stood at 9.2 million metric tons, showing a decrease of 2.6%.Russia & Other CIS + Ukraine: This region produced 7.5 million metric tons, indicating a robust increase of 10.7%.South America: South America's steel production reached 3.4 million metric tons, but it experienced a decrease of 8.1%.Additionally, the report highlights the top 10 steel-producing nations for August 2023:China: Produced 86.4 million metric tons, showcasing a 3.2% increase.India: Produced 11.9 million metric tons, marking a substantial growth of 17.4%.Japan: Produced 7.1 million metric tons, with a decrease of 2.9%.United States: Produced 7 million metric tons, showing a 1.1% increase.Russia: Produced 6.4 million metric tons, with a remarkable growth of 8.9%.South Korea: Produced 5.6 million metric tons, experiencing a decrease of 5.9%.Germany: Produced 2.8 million metric tons, with a minor decrease of 1%.Turkey: Produced 2.8 million metric tons, with a decrease of 2.9%.Brazil: Produced 2.7 million metric tons, with a decrease of 5.9%.Iran: Produced 1.6 million metric tons, experiencing a substantial decline of 24.1%.ConclusionGlobal crude steel production in August 2023 displayed a diverse range of performances across regions and nations. While Africa and Asia witnessed significant growth, some European and Middle Eastern countries reported declines in steel production. China remained the world's top steel producer, with India showing remarkable growth in steel output. These production figures provide insights into the dynamics of the global steel industry for the specified period.
SynopsisIn August 2023, global crude steel production reached 152.6 million metric tons, showing a 2.2% increase compared to the same month in 2022. Notably, Africa demonstrated a substantial increase of 16.1%, while Asia and Oceania saw a 3.5% rise in production. However, the European Union reported a decrease of 4.4%, and the Middle East production declined by 16.0%. This report provides insights into the performance of various regions and the top steel-producing nations during August 2023.ArticleGlobal crude steel production for August 2023, reported by 63 countries to the World Steel Association (worldsteel), amounted to 152.6 million metric tons. This figure represents a 2.2% increase when compared to August 2022.Africa: In August 2023, Africa produced 1.5 million metric tons of crude steel, marking a significant surge of 16.1% compared to the same period in the previous year.Asia and Oceania: The combined steel production for Asia and Oceania reached 115.7 million metric tons, indicating a notable increase of 3.5%.European Union (EU 27): The EU-27 reported a production of 9.1 million metric tons, reflecting a decrease of 4.4% during August.Europe, Other: Europe, Other, produced 3.4 million metric tons of crude steel, with a decrease of 3.2% compared to August 2022.Middle East: The Middle East reported a production of 2.8 million metric tons, experiencing a decline of 16.0%.North America: North America's crude steel production stood at 9.2 million metric tons, showing a decrease of 2.6%.Russia & Other CIS + Ukraine: This region produced 7.5 million metric tons, indicating a robust increase of 10.7%.South America: South America's steel production reached 3.4 million metric tons, but it experienced a decrease of 8.1%.Additionally, the report highlights the top 10 steel-producing nations for August 2023:China: Produced 86.4 million metric tons, showcasing a 3.2% increase.India: Produced 11.9 million metric tons, marking a substantial growth of 17.4%.Japan: Produced 7.1 million metric tons, with a decrease of 2.9%.United States: Produced 7 million metric tons, showing a 1.1% increase.Russia: Produced 6.4 million metric tons, with a remarkable growth of 8.9%.South Korea: Produced 5.6 million metric tons, experiencing a decrease of 5.9%.Germany: Produced 2.8 million metric tons, with a minor decrease of 1%.Turkey: Produced 2.8 million metric tons, with a decrease of 2.9%.Brazil: Produced 2.7 million metric tons, with a decrease of 5.9%.Iran: Produced 1.6 million metric tons, experiencing a substantial decline of 24.1%.ConclusionGlobal crude steel production in August 2023 displayed a diverse range of performances across regions and nations. While Africa and Asia witnessed significant growth, some European and Middle Eastern countries reported declines in steel production. China remained the world's top steel producer, with India showing remarkable growth in steel output. These production figures provide insights into the dynamics of the global steel industry for the specified period.
