CRUDE STEEL PRODUCTION FALLS IN NOVEMBER

Global crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 143.3 million tonnes (Mt) in November 2021, a decrease of 9.9% compared to November 2020.

Specifically, Africa produced 1.5 Mt in November 2021, which is 37.4% more than in November last year. On the other hand, Asia and Oceania produced 98.3 Mt, 15.5% less. The CIS produced 8.8 Mt, up 5.8%. The EU (27) produced 12.9 Mt, up 3.7%. Europe, others produced 4.3 Mt, up 4.4%. The Middle East produced 3.8 Mt, down 5.3%. North America produced 9.7 Mt, up 9.3%. South America produced 3.9 Mt, up 3.5%.

As in 2020, China produced 69.3 Mt in November 2021, down 22.0% from November 2020 but still the largest producer. India, on the other hand, produced 9.8 Mt, up 2.2%. Japan produced 8.0 Mt, 10.7% more. The United States produced 7.2 Mt, up 13.8%. Russia is estimated to have produced 6.5 Mt, 9.4% more. South Korea produced 5.9 Mt, up 2.7%. Germany produced 3.4 Mt, 0.3% less. Turkey produced 3.4 Mt, up 6.1%. Brazil produced 3.1 Mt, up 2.5%. Iran is estimated to have produced 2.7 Mt, down 5.2%.

The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world, with members in all major steel producing countries. worldsteel represents steel producers, national and regional steel industry associations and steel research institutes. Members account for about 85% of the world’s steel production.