9,425.58 TRY BIST 100 BIST 100
38.07 USD USD USD
5.24 CNY CNY CNY
43.29 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
48.69 TRY Interest Interest
66.44 USD Fossil Oil Fossil Oil
39.72 USD Silver Silver
4.60 USD Copper Copper
98.08 USD Iron Ore Iron Ore
352.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,071.20 TRY Gold (gr) Gold (gr)

Global crude steel production increased in March

According to the latest data of the World Steel Association...

Global crude steel production increased in March

According to the latest data of the World Steel Association, the global crude steel production of 63 countries increased by 1.7% in March 2023 compared to the same period of the previous year, reaching 165.1 million tons.

Among them, crude steel production in Africa amounted to 1.4 million tons, an increase of 8.4 percent compared to the same period of 2022.

Asia and Oceania produced 124.8 million tons of crude steel, up 4.1 percent y-o-y.

The EU produced 11.9 million tons of crude steel, down 5.6% y-o-y.

Other European countries outside the EU produced 3.5 million tons of crude steel, down 14.1 percent y-o-y.

The Middle East, North America and South America produced 3.1 million, 9.3 million and 3.5 million tons of crude steel, down 17.5%, 2.6 percent and 7.6 percent, respectively.

Russia, other CIS countries and Ukraine produced 7.6 million tons of crude steel, up 3 percent y-o-y.

China, which produced 95.7 million tons of crude steel in March 2023, remains the largest producer with an increase of 6.9 percent compared to the same period of March 2022.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Turkish company Shahi Steel opened its new production facility in Bosnia and Herzegovina

Wednesday, April 16, 2025

Ferrexpo's record post-war production

Friday, April 18, 2025

Italy's steel production increased by 6% in March

Thursday, April 17, 2025

Global carbon storage capacity increased by 27 % in 5 years

Thursday, April 17, 2025

Rio Tinto's first quarter results hit by a storm

Thursday, April 17, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now