Ukraine in October 2019 cut steel production by 12.7% year-over-year (y-o-y), to 1.561 million tonnes, having slid from 13th to 14th place in the ranking of 64 countries that are the world’s key steelmakers, which is compiled by the World Steel Association (Worldsteel).
Steel production in October 2019 vs. October 2018 decreased in most top ten countries, except for Russia.
The top ten steel producing countries in October 2019 are as follows: China (81.521 million tonnes, 0.6% down y-o-y), India (9.089 million tonnes, 3.4% down y-o-y), Japan (8.157 million tonnes, 4.9% down y-o-y), the United States (7.407 million tonnes, 2% down y-o-y), South Korea (5.983 million tonnes, 3.5% down y-o-y), Russia (5.95 million tonnes, 2.4% up y-o-y), Germany (3.323 million tonnes, 6.8% down y-o-y), Turkey (2.687 million tonnes, 15% down y-o-y), Brazil (2.597 million tonnes, 19.4% down y-o-y), and Italy (2.225 million tonnes, 2.8% down y-o-y).
They are followed by Iran (2.2 million tonnes, 7.5% up), Taiwan (China, 1.825 million tonnes, 9.8% down), Vietnam (1.68 million tonnes, 25.1% up) and Ukraine (1.561 million tonnes, 12.7% down).
In total, the 64 countries produced 151.494 million tonnes of steel in October 2019, which was 2.8% down y-o-y.
In January-October 2019, the top ten included: China (829.215 million tonnes, 7.4% up y-o-y), India (93.306 million tonnes, 2.8% up y-o-y), Japan (83.791 million tonnes, 3.9% down y-o-y), the United States (73.539 million tonnes, 2.5% up y-o-y), South Korea (60.121 million tonnes, 0.4% down y-o-y), Russia (59.341 million tonnes, 0.1% down y-o-y), Germany (33.875 million tonnes, 4.6% down y-o-y), Turkey (27.973 million tonnes, 10.6% down y-o-y), Brazil (27.216 million tonnes, 8.6% down y-o-y), and Iran (21.518 million tonnes, 6.2% up y-o-y).
Italy ranks 11th (19.845 million tonnes, 3.8% down y-o-y), Taiwan 12th place (China, 18.763 million tonnes, a 2.5% down y-o-y), and Ukraine 13th (17.963 million tonnes, 2.3% up y-o-y).
In January-October 2019, the 64 countries produced 1.542 billion tonnes of steel, which is 3.2% more than in the same period last year.
