World crude steel production fell 4.7 percent year on year to 143.6 million tonnes in September 2024, the World Steel Association reported on 22 October. China produced 77.1 million tonnes in the month, down 6.1 percent on September 2023, taking its nine-month total to 768.5 million tonnes, down 3.6 percent. Global output in the first nine months of the year totalled about 1.4 billion tonnes, down 1.9 percent. The decline was concentrated in Asia, where output fell 5.0 percent, while Turkiye bucked the trend with a 6.5 percent rise and Brazil grew 9.9 percent. September was the third consecutive month of year-on-year decline in global output, after falls of 4.7 percent in July and 6.5 percent in August, as weak construction demand in China continued to weigh on mills and as the stimulus measures announced in late September had yet to feed through to steel consumption.
Source: EUROMETAL (World Steel Association) — https://eurometal.net/global-steel-production-falls-4-7-year-over-year-in-sep-worldsteel/
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