World crude steel production rose 5.6 percent year on year to 144.5 million tonnes in December 2024, the World Steel Association reported on 24 January 2025. China produced 76.0 million tonnes in the month, up 11.8 percent on December 2023, as mills restocked ahead of the Lunar New Year. For the full year, total world crude steel production was 1,882.6 million tonnes, down 0.8 percent from 1,897.9 million tonnes in 2023, while output across the 71 reporting countries was 1,839.4 million tonnes, down 0.9 percent. China remained by far the largest producer at 1,005.1 million tonnes, down 1.7 percent but still more than half of world output, followed by India at 149.6 million tonnes, Japan at 84.0 million tonnes and the United States at 79.5 million tonnes. It was the third consecutive year of narrow declines in global steel output.
Source: Hellenic Shipping News (World Steel Association) — https://www.hellenicshippingnews.com/world-steel-association-december-2024-crude-steel-production-rises-by-5-6/
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