World crude steel production rose 2.2 percent year on year to 152.6 million tonnes in August 2023, the World Steel Association reported on 26 September. China produced 86.4 million tonnes, up 3.2 percent on the year and about 56.6 percent of world output, although production was down 4.8 percent from July. Output in the rest of the world fell 2.2 percent month on month to 66.2 million tonnes. August was a quieter month for global output after the July rebound, and March's 165.1 million tonnes remained the year's peak. The figures covered the 63 countries reporting to the association, which account for about 97 percent of world crude steel production. Production outside China remained weak, with European mills still running well below year-ago levels on high energy costs and thin order books.
Source: Steel Market Update — https://www.steelmarketupdate.com/2023/09/25/worldsteel-global-output-slides-in-august/
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