According to Worldsteel, in November 2024, steel production increased compared to November 2023 in most of the top ten countries, except for Japan, the United States, Russia and South Korea.
The top ten steel producing countries in November are as follows: China (78.4 million tons, +2.5% by November 2023), India (12.384 million tons, +4.5%), Japan (6.888 million tons, -3.1%), the United States (6.378 million tons, -2.8%), the Russian Federation (5.450 million tons, -9.2%), South Korea (5.190 mln tons, -3.6%), Iran (3.074 mln tons, +0.1%), Turkey (3.011 mln tons, +0.7%), Germany (2.909 mln tons, +8.6%) and Brazil (2.774 mln tons, +1.9%).
Overall, in November this year, steel production increased by 0.8% year-on-year to 146.831 million tons.
For 11 months of 2024, the top ten steel producing countries are as follows: China (929.190 million tons, -2.7%), India (135.932 million tons, +5.9%), Japan (77.102 million tons, -3.6%), the United States (72.879 million tons, -2.2%), the Russian Federation (64.885 million tons, -7%), South Korea (58, 297 million tons, -4.9%), Germany (34.490 million tons, +5.3%), Turkey (33.915 million tons, +11.2%), Brazil (31.168 million tons, +5.6%) and Iran (28.030 million tons, +0.5%).
In total, 71 countries produced 1 billion 694.593 million tons of steel in January-November, down 1.4% from the same period in 2023.
At the same time, Ukraine produced 7.028 million tons of steel in 11 months of 2024, up 23.1% compared to January-November 2023. The country is ranked 20th in the first 11 months of 2014.
As reported, in 2023, China produced 1 billion 19.080 million tons at the level of the previous year), India (140.171 million tons, +11.8%), Japan (86.996 million tons, -2.5%), the United States (80.664 million tons, +0.2%), Russia (75.8 million tons, +5.6%), South Korea (66.676 million tons, +1.3%), Germany (35.438 million tons, -3.9%), Turkey (33.714 million tons, -4%), Brazil (31.869 million tons, -6.5%) and Iran (31.139 million tons, +1.8%).
At the end of 2022, the top ten steel producing countries looked like this: China (1.013 billion tons, -2.1%), India (124.720 million tons, +5.5%), Japan (89.235 million tons, -7.4%), the United States (80.715 million tons, -5.9%), the Russian Federation (71.5 million tons, -7.2%), South Korea (65, 865 million tons, -6.5%), Germany (36.849 million tons, -8.4%), Turkey (35.134 million tons, -12.9%), Brazil (33.972 million tons, -5.8%) and Iran (30.593 million tons, +8%).
In 2022, Ukraine ranked 23rd with the production of 6.263 million tons of steel (-70.7%).
