Global Crude Steel Output in 2020 Slips by 0.9% YoY

Worldsteel announced that global crude steel production reached 1,864.0 million tonnes for the year 2020, down by 0.9% YoY compared to 2019. Asia
Global Crude Steel Output in 2020 Slips by 0.9% YoY
Global Crude SteelWorldsteel

Worldsteel announced that global crude steel production reached 1,864.0 million tonnes for the year 2020, down by 0.9% YoY compared to 2019. Asia produced 1,374.9 million tonnes of of crude steel in 2020, an increase of 1.5% compared to 2019. China’s crude steel production in 2020 reached 1,053.0 million tonnes, up by 5.2% on 2019. China’s share of global crude steel production increased from 53.3% in 2019 to 56.5% in 2020. India’s crude steel production for 2020 was 99.6 million tonnes, down by 10.6% on 2019. Japan produced 83.2 million tonnes in 2020, down 16.2% on 2019. South Korea produced 67.1 million tonnes, down 6.0% on 2019.

The EU produced 138.8 million tonnes of crude steel in 2020, a decrease of 11.8% compared to 2019. Germany produced 35.7 million tonnes of crude steel in 2020, down 10.0% on 2019. Turkey’s crude steel production for 2020 was 35.8 million tonnes, up by 6.0% on 2019.

In the CIS, production was 102.0 million tonnes t in 2020, up by 1.5% on 2019. Russia is estimated to have produced 73.4 million tonnes in 2020, up 2.6% on 2019. Ukraine produced 20.6 million tonnes in 2020, down 1.1% on 2019.

Crude steel production in North America was 101.1 million tonnes in 2020, down 15.5% on 2019. The United States produced 72.7 million tonnes in 2020, down 17.2% on 2019.

The Middle East produced 45.4 million tonnes of crude steel in 2020, an increase of 2.5% on 2019. Iran is estimated to have produced 29.0 million tonnes in 2020, up 13.4% on 2019.

Annual crude steel production for South America was 38.2 million tonnes in 2020, a decrease of 8.4% on 2019. Brazil produced 31.0 million tonnes in 2020, down by 4.9% compared to 2019.

Africa produced 17.2 million tonnes of crude steel in 2020, the same as the 2019 production figure.

Oceania produced 6.1 million tonnes of crude steel in 2020, down 1.4% on 2019.

No stories found.
SteelGuru Business News
www.steelguru.com