World crude steel production rose 0.6 percent year on year to 150.0 million tonnes in October 2023, the World Steel Association reported on 22 November, as reporting expanded to 71 countries. China produced 79.1 million tonnes, down 1.8 percent on October 2022, while the European Union produced 10.6 million tonnes, down 7.1 percent. Africa was a bright spot, with output up 3.5 percent to 1.9 million tonnes. October's modest increase kept world output roughly flat for the year to date, with Chinese production still running ahead of 2022 despite the autumn cuts. The figures covered countries accounting for about 98 percent of world crude steel production. The European Union's output fell 7.1 percent to 10.6 million tonnes as mills in Germany and Italy kept capacity idle in the face of weak construction and automotive demand.
Source: World Steel Association — https://worldsteel.org/wp-content/uploads/October-2023-crude-steel-production.pdf
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