9,367.77 TRY BIST 100 BIST 100
4.79 CNY CNY CNY
34.56 USD USD USD
36.19 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
41.35 TRY Interest Interest
74.24 USD Fossil Oil Fossil Oil
30.90 USD Silver Silver
4.09 USD Copper Copper
100.80 USD Iron Ore Iron Ore
365.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,982.57 TRY Gold (gr) Gold (gr)

World crude steel production decreased by 4.7% in September

World crude steel production decreased by 4.7% y-o-y to 143.6 million tons (mt) in September 2024.

World crude steel production decreased by 4.7% in September

The World Steel Association (WorldSteel) announced crude steel production figures for September 2024. Accordingly, world crude steel production of 71 countries amounted to 143.6 million tons (Mt) in September 2024, decreasing by 4.7% compared to the same month of the previous year.

Crude steel production by regions

In September, Africa's crude steel production increased by 2.6% year-on-year to 1.9 million tons. In Asia and Oceania, production decreased by 5% to 105.3 million tons. The EU (27) produced 10.5 million tons of steel, up 0.3%, while the rest of Europe produced 3.6 million tons, up 4.1%.  Production in the Middle East fell 23% to 3.5 million tons. In North America, production fell by 3.4% to 8.6 million tons. Production in Russia and other Commonwealth of Independent States (CIS) countries and Ukraine fell by 7.6% to 6.8 million tons. South America produced 3.5 million tons of crude steel, an increase of 3.3%.

Steel giant China's crude steel production fell 6.1% year-on-year to 77.1 million tons in September. India's crude steel output fell 0.2% to 11.7 million tons, while Japan produced 6.6 million tons, a decline of 5.8%. The US produced 6.7 million tons of steel, an increase of 1.2%, while Russia produced 5.6 million tons, a decrease of 10.3%. South Korea's output rose by 1.3% to 5.5 million tons. Germany produced 3 million tons of crude steel, an increase of 4.3%, Turkey 3.1 million tons, an increase of 6.5%, and Brazil 2.8 million tons, an increase of 9.9%. Iran's production fell by 41.2% to 1.5 million tons.

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

Roadmap for India’s steel sector: Demand, imports and future plans

Friday, November 22, 2024

A new era begins in the Indian steel sector

Thursday, November 21, 2024

China's HRC, CRC and rebar production decreased y-o-y in October

Thursday, November 21, 2024

HRC prices decline from China to Middle East

Thursday, November 21, 2024

EU construction decreased in september

Thursday, November 21, 2024
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