In December 2023, Ukrainian steelmakers increased steel production by 4.9 times compared to the same period in 2022 – up to 520 thousand tons from 106 thousand tons, but decreased by 4.8% compared to the previous month, when 546 thousand tons were smelted.
At the same time, Ukraine retained its 21st place in the ranking of 71 countries that are global producers of these products compiled by the World Steel Association (Worldsteel).
According to Worldsteel, in December 2023, steel production increased compared to December 2022 in most of the top ten countries, except for China and Germany.
The top ten steel producing countries in December are as follows: China (67.440 million tons, down 14.9% by December 2022), India (12.141 million tons, + 9.5%), Japan (6.980 million tons, + 1.1%), the United States (6.813 million tons, + 7.6%), the Russian Federation (6 million tons, + 4.3%), South Korea (5.375 million tons, +2.7%), Turkey (3.224 million tons, +21.2%), Iran (2.872 million tons, +12.1%), Germany (2.631 million tons, -2.3%) and Brazil (2.523 million tons, +0.9%).
Overall, in December 2023, steel production decreased by 5.3% compared to the same period in 2022 to 135.666 million tons.
In 2023, the top ten steel-producing countries are as follows: China (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%), the Russian Federation (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%).
In total, 71 countries produced 1 billion 849.734 million tons of steel in 2023, which is 0.1% less than in 2022.
At the same time, Ukraine produced 6.228 million tons of steel in 2023, which is 0.6% lower than in 2022. The country was ranked 22nd in 2023.
As reported, in 2022, the top ten steel-producing countries were as follows: 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%).
Ukraine ranked 23rd in 2022 with 6.263 million tons of steel produced (-70.7%).
In total, 64 countries produced 1 billion 831.467 million tons of steel in 2022, which is 4.3% less than in 2021.
