Crude steel production in Arab countries reached 3.6 million tons in October 2024, marking a 0.4% increase compared to the same period last year. According to the World Steel Association's report, Egypt maintained its leadership with 950,000 tons of production, despite a 7.3% decline. It was followed by Saudi Arabia with 840,000 tons, which also experienced a 2.4% decrease. Algeria ranked third with 400,000 tons, showing positive performance with an 11.1% growth.
From January to October 2024, the total crude steel production of Arab countries was recorded at 33.6 million tons, representing a 1.7% increase compared to the same period last year. During this period, Egypt remained the leader with 8.9 million tons, achieving a 4.8% production increase. Saudi Arabia ranked second with 7.9 million tons, but its production declined by 4.9%. Algeria, in third place, produced 3.7 million tons, showing a modest growth of 0.8%.
Regionally, Gulf countries accounted for 48% of total Arab production, with 16.3 million tons. Saudi Arabia led the Gulf region with 48% of its production. North Africa contributed 43% of the total production, amounting to 14.5 million tons, 61% of which came from Egypt. The Eastern Mediterranean region represented 9% of the total with 2.8 million tons, where Iraq took the lead, producing 88% of the region's output.
These figures highlight the regional distribution of steel production in Arab countries and the performance of leading nations. Notably, the positive growth rates of Egypt and Algeria reflect how dynamics in the steel sector are evolving.
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