World Steel Association announced that global crude steel production for the 64 countries reporting to worldsteel was 147.3 million tonnes in October 2022, unchanged as compared to October 2021 but down 3% MoM. The production was supported by 11% YoY recovery in Chinese crude steel production to 79.8 million tonnes and 2.7% YoY growth in India to 10.5 million tonnes. During January-October 2022, global crude steel production totaled 1.553 billion tonnes down 3.9% YoY, with China producing 860.6 million tonne down 2.2% YoY & India 103.8 million tonne up 6.1% YoY------------October 20221. China – 79.8 million tonne, up 11.0% YoY but down 8% MoM2. India – 10.5 million tonne, up 2.7% YoY3. Japan - 7.3 million tonne, down 10.6% YoY4. United States – 6.7 million tonne, down 8.9% YoY5. Russia - 5.8 million tonne, down 11.5% YoY6. South Korea – 5.1 million tonne, down 12.1% YoY7. Germany – 3.1 million tonne, down 14.4% YoY8. Turkey - 2.9 million tonne, down 17.8% YoY9. Brazil - 2.8 million tonne, down 4.5% YoY10. Iran – 2.9 million tonne, up 3.5% YoY-----------------------January-October 20221. China – 860.6 million tonne, down 2.2% YoY2. India – 103.8 million tonne, up 6.1% YoY3. Japan – 75.2 million tonne, down 6.5% YoY4. United States – 68.1 million tonne, down 4.8% YoY5. Russia – 60.4 million tonne, down 6.6% YoY6. South Korea – 55.7 million tonne, down 5.0% YoY7. Germany -31.4 million tonne, down 6.9% YoY8. Turkey – 30.2 million tonne, down 10.1% YoY9. Brazil – 28.7 million tonne, down 5.2% YoY10. Iran – 25.1 million tonne, up 9.0% YoY
World Steel Association announced that global crude steel production for the 64 countries reporting to worldsteel was 147.3 million tonnes in October 2022, unchanged as compared to October 2021 but down 3% MoM. The production was supported by 11% YoY recovery in Chinese crude steel production to 79.8 million tonnes and 2.7% YoY growth in India to 10.5 million tonnes. During January-October 2022, global crude steel production totaled 1.553 billion tonnes down 3.9% YoY, with China producing 860.6 million tonne down 2.2% YoY & India 103.8 million tonne up 6.1% YoY------------October 20221. China – 79.8 million tonne, up 11.0% YoY but down 8% MoM2. India – 10.5 million tonne, up 2.7% YoY3. Japan - 7.3 million tonne, down 10.6% YoY4. United States – 6.7 million tonne, down 8.9% YoY5. Russia - 5.8 million tonne, down 11.5% YoY6. South Korea – 5.1 million tonne, down 12.1% YoY7. Germany – 3.1 million tonne, down 14.4% YoY8. Turkey - 2.9 million tonne, down 17.8% YoY9. Brazil - 2.8 million tonne, down 4.5% YoY10. Iran – 2.9 million tonne, up 3.5% YoY-----------------------January-October 20221. China – 860.6 million tonne, down 2.2% YoY2. India – 103.8 million tonne, up 6.1% YoY3. Japan – 75.2 million tonne, down 6.5% YoY4. United States – 68.1 million tonne, down 4.8% YoY5. Russia – 60.4 million tonne, down 6.6% YoY6. South Korea – 55.7 million tonne, down 5.0% YoY7. Germany -31.4 million tonne, down 6.9% YoY8. Turkey – 30.2 million tonne, down 10.1% YoY9. Brazil – 28.7 million tonne, down 5.2% YoY10. Iran – 25.1 million tonne, up 9.0% YoY
