
World crude steel production was essentially flat in 2023 at 1,888.2 million tonnes, the World Steel Association reported on 25 January 2024. Output across the 71 countries reporting to the association totalled 1,849.7 million tonnes, down 0.1 percent on the year. December output fell 5.3 percent year on year to 135.7 million tonnes as mills cut production into the year end. China, the world's largest producer, made 1,019.1 million tonnes in 2023, unchanged from 2022, while India recorded the biggest gain among the leading producers, up 11 percent to 140.2 million tonnes. Japan's output fell 2.5 percent to 87.0 million tonnes and United States production edged up 0.2 percent to 80.7 million tonnes. The flat result followed a 4.2 percent fall in 2022, with weak construction and industrial demand weighing on output outside Asia through most of the year.
Source: World Steel Association — https://worldsteel.org/media/press-releases/2024/december-2023-crude-steel-production-and-2023-global-totals/
Photo: Wikimedia Commons (freely licensed).
