March 2022 crude steel production

  • Sunday, April 24, 2022
  • Source:ferro-alloys.com

  • Keywords:market, mining industry,mine,steel,production
[Fellow]World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 161.0 million tonnes (Mt) in March 2022, a 5.8% decrease compared to March 2021.

【Ferro-alloys.com】:World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 161.0 million tonnes (Mt) in March 2022, a 5.8% decrease compared to March 2021.

Production (Mt)Growth (% y-on-y)Crude steel productionWorldROWChinaWorld (%)ROW (%)China (%)Oct-20Nov-20Dec-20Jan-21Feb-21Mar-21April-21May-21Jun-21Jul-21Aug-21Sep-21Oct-21Nov-21Dec-21Jan-22Feb-22Mar-22050100150200-80-4004080worldsteel.org
 

Crude steel production by region

Global crude steel production was 456.6 Mt in the first three months of 2022, down by 6.8% compared to the same period in 2021. Asia and Oceania produced 331.3 Mt of crude steel in the first quarter of 2022, a decrease of 7.8% on the first quarter of 2021. The EU (27) produced 36.8 Mt of crude steel in the first quarter of 2022, down by 3.8% compared to the same quarter of 2021. North America’s crude steel production in the first three months of 2022 was 28.1 Mt, a decrease of 0.9% compared to the first quarter of 2021. Russia & other CIS + Ukraine produced 24.0 Mt of crude steel in the first quarter of 2022, a decrease of 8.5% on the first quarter of 2021.

 

Table 1. Crude steel production by region
  Mar 2022 (Mt) % change Mar 22/21   Jan-Mar 2022 (Mt) % change Jan-Mar 22/21
Africa 1.2 -17.1   3.8 -2.9
Asia and Oceania 118.6 -5.0   331.3 -7.8
EU (27) 12.8 -8.5   36.8 -3.8
Europe, Other 4.2 -3.5   11.9 -5.3
Middle East 3.5 -3.5   10.2 -1.9
North America 9.7 -2.8   28.1 -0.9
Russia & other CIS + Ukraine 7.4 -19.2   24.0 -8.5
South America 3.7 1.7   10.6 -3.6
Total 64 countries 161.0 -5.8   456.6 -6.8

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

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

Russia & other CIS + Ukraine: Belarus, Kazakhstan, Moldova, Russia, Ukraine, Uzbekistan

South America: Argentina, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay, Venezuela

 

Top 10 steel-producing countries

China produced 88.3 Mt in March 2022, down 6.4% on March 2021. India produced 10.9 Mt, up 4.4%. Japan produced 8.0 Mt, down 4.3%. The United States produced 7.0 Mt, down 1.7%. Russia is estimated to have produced 6.6 Mt, down 1.8%. South Korea produced 5.7 Mt, down 6.1%. Germany is estimated to have produced 3.3 Mt, down 11.8%. Turkey produced 3.3 Mt, down 2.9%. Brazil is estimated to have produced 3.0 Mt, up 5.4%. Iran is estimated to have produced 2.3 Mt, down 6.1%.

 

Table 2. Top 10 steel-producing countries
  Mar 2022 (Mt)   % change Mar 22/21   Jan-Mar 2022 (Mt) % change Jan-Mar 22/21
China 88.3   -6.4   243.4 -10.5
India 10.9   4.4   31.9 5.9
Japan 8.0   -4.3   23.0 -2.9
United States 7.0   -1.7   20.3 -0.4
Russia 6.6 e -1.8   18.7 -1.2
South Korea 5.7   -6.1   16.9 -3.8
Germany 3.3   -11.8   9.8 -3.7
Turkey 3.3   -2.9   9.4 -4.7
Brazil 3.0 e 5.4   8.5 -2.2
Iran 2.3 e -6.1   6.9 -4.4

e – estimated. Ranking of top 10 producing countries is based on year-to-date aggregate

 

  • [Editor:Alakay]

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