worldsteel: February 2022 crude steel production down 5.7%

  • Friday, March 25, 2022
  • Source:ferro-alloys.com

  • Keywords:worldsteel, crude steel production
[Fellow]World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 142.7 million tonnes (Mt) in February 2022, a 5.7% decrease compared to February 2021.

[Ferro-Alloys.com]

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 142.7 million tonnes (Mt) in February 2022, a 5.7% decrease compared to February 2021.

Crude steel production by region

Africa produced 1.3 Mt in February 2022, up 4.1% on February 2021. Asia and Oceania produced 102.6 Mt, down 7.1%. The CIS produced 7.7 Mt, down 5.8%. The EU (27) produced 11.7 Mt, down 2.5%. Europe, Other produced 3.8 Mt. down 2.7%. The Middle East produced 3.5 Mt, up 2.8%, North America produced 8.8 Mt, up 1.8%. South America produced 3.3 Mt, down 7.0%.

Table 1. Crude steel production by region
  Feb 2022 (Mt) % change Feb 22/21 Jan-Feb 2022 (Mt) % change Jan-Feb 22/21
Africa 1.3 4.1 2.5 5.9
Asia and Oceania 102.6 -7.1 215.8 -7.2
CIS 7.7 -5.8 16.8 -1.7
EU (27) 11.7 -2.5 23.8 -2.2
Europe, Other 3.8 -2.7 7.8 -4.8
Middle East 3.5 2.8 7.4 9.4
North America 8.8 1.8 18.5 0.4
South America 3.3 -7 6.9 -5.9
Total 64 countries 142.7 -5.7 299.4 -5.5

The 64 countries included in this table accounted for approximately 98% of total world crude steel production in 2020. Regions and countries covered by the table:

Africa: Egypt, Libya, South Africa
Asia and Oceania: Australia, China, India, Japan, New Zealand, Pakistan, South Korea, Taiwan (China), Vietnam
CIS: Belarus, Kazakhstan, Moldova, Russia, Ukraine, Uzbekistan
European Union (27)
Europe, Other: Bosnia-Herzegovina, Macedonia, Norway, Serbia, Turkey, United Kingdom
Middle East: Iran, Qatar, Saudi Arabia, United Arab Emirates
North America: Canada, Cuba, El Salvador, Guatemala, Mexico, United States
South America: Argentina, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay, Venezuela

Top 10 steel-producing countries

China produced an estimated 75.0 Mt in February 2022, down 10.0% on February 2021. India produced 10.1 Mt, up 7.6%. Japan produced 7.3 Mt, down 2.3%. The United States produced 6.4 Mt, up 1.4%. Russia is estimated to have produced 5.8 Mt, down 1.4%. South Korea produced 5.2 Mt, down 6.0%. Germany produced 3.2 Mt, up 3.8%. Turkey produced 3.0 Mt, down 3.3%. Brazil produced 2.7 Mt, down 6.9%. Iran is estimated to have produced 2.5 Mt, up 3.7%.

Table 2. Top 10 steel-producing countries
  Feb 2022 (Mt)   % change Feb 22/21 Jan-Feb 2022 (Mt) % change Jan-Feb 22/21
China 75 e -10 158 -10
India 10.1   7.6 20.9 6.6
Japan 7.3   -2.3 15.1 -2.2
United States 6.4   1.4 13.4 0.6
Russia 5.8 e -1.4 12.4 1
South Korea 5.2   -6 11.2 -2.6
Germany 3.2   3.8 6.5 1.1
Turkey 3   -3.3 6.1 -5.7
Brazil 2.7   -6.9 5.6 -5.8
Iran 2.5 e 3.7 5.3 11.8
e – estimated. Ranking of top 10 producing countries is based on year-to-date aggregate

 

  • [Editor:kangmingfei]

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