World Steel Association announced that global crude steel production for the 64 countries reporting to worldsteel was 145.7 million tonnes in October 2021, a 10.6%% YoY decrease as compared to October 2020. As a result, global crude steel production in January-October 2021 is up by 5.9% YoY to 1607.1 million tonnes

Top 10 Steel-Producing Countries

1. China – 71.6 million tonne, down by 23.3% YoY & 877.1 million tonne in Jan-Oct down by 0.7% YoY

2. India - 9.8 million tonne, up by 2.4% YoY & 96.9 million tonne in Jan-Oct, up by 20.6% YoY

3. Japan – 8.2 million tonne, up by 14.3% YoY & 80.4 million tonne in Jan-Oct, up by 17.5% YoY

4. United States - 7.5 million tonne, up by 20.5% YoY & 71.7 million tonne in Jan-Oct, up by 19.6% YoY

5. Russia - 6.1 million tonne, up by 0.5% YoY & 62.5 million tonne in Jan-Oct, up by 5.7% YoY

6. South Korea – 5.8 million tonne, down by 1% YoY & 58.7 million tonne in Jan-Oct, up by 5.9% YoY

7. Germany - 3.7 million tonne, up by 7% YoY & 33.6 million tonne in Jan-Oct, up by 15.1% YoY

8. Turkey - 3.5 million tonne, up by 8% YoY & 33.3 million tonne in Jan-Oct, up by 14.2% YoY

9. Brazil - 3.2 million tonne, up by 10.4% YoY & 30.3 million tonne in Jan-Oct, up by 19.1% YoY

10. Iran - 2.2 million tonne, down by 15.3% YoY & 22.4 million tonne in Jan-Oct, down by 5.7% YoY

In million tonnes

Source – worldsteel

Crude Steel Production in Jan-Oct of 2021 by Region

Africa – 13.3 million tonne, up by 30.4% YoY

Asia and Oceania – 1,166.1 million tonne, up by 3.0% YoY

CIS – 87.3 million tonne, up by 5.8% YoY

EU (27) – 128.4 million tonne, up by 18.4% YoY

Europe, Other – 42.3 million tonne, up by 12.8% YoY

Middle East – 33.0 million tonne, down 1.5% YoY

North America – 98.8 million tonne, up by 18.8% YoY

South America – 38.1 million tonne, up by 22.6% YoY

Total 64 countries – 1607.1 million tonne, up by 5.9% YoY

In million tonnes

Source – worldsteel

Global Crude Steel Production Dips Further in Oct’21 Chinese Curbs

Strategic Research Institute

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