In May this year, Ukrainian steelmakers increased steel production to 738 thousand tons, up 26.5% year-on-year (583 thousand tons) and 3.2% month-on-month (April, when 715 thousand tons were produced).
At the same time, Ukraine ranked 20th in the ranking of 71 countries that are global producers of this product, compiled by the World Steel Association (Worldsteel).
According to Worldsteel, in May, steel production declined in most of the top ten countries, except for China, India, Turkey, and Iran, by May 2023.
The top ten steel producing countries in May are as follows: China (92.860 million tons, up 2.7% by May 2023), India (12.218 million tons, up 3.3%), Japan (7.168 million tons, down 6.3%), the United States (6.939 million tons, down 1.5%), and the Russian Federation (6.320 million tons, down 0.9%), South Korea (5.162 million tons, down 10.9%), Iran (3.253 million tons, up 2.1%), Turkey (3.213 million tons, up 11.6%), Germany (3.187 million tons, down 1.9%) and Brazil (2.584 million tons, down 7.4%).
In total, in May 2024, steel production increased by 1.5% compared to the same period in 2023 to 165.107 million tons.
In January-May 2014, the top ten steel producing countries were as follows: China (438.610 million tons, down 1.4% compared to January-May 2023), India (61.926 million tons, up 7.7%), Japan (35.674 million tons, down 2.3%), the United States (33.374 million tons, down 2.4%), and the Russian Federation (30.875 million tons, minus 2.5%), South Korea (26.382 million tons, down 6.3%), Germany (16.173 million tons, up 3.7%), Turkey (15.544 million tons, up 19.8%), Iran (14.035 million tons, up 9.1%) and Brazil (13.560 million tons, up 0.6%).
Overall, in 5 months of 2014, steel production decreased by 0.1% compared to the same period in 2023 to 793.211 million tons.
At the same time, Ukraine produced 3.139 million tons of steel in 5 months of 2014, up 31.2% compared to 2.392 million tons in the same period of 2023. The country ranks 21st in January-May.
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%).
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.
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.
