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World steel production in January fell by 6% due to a sharp drop in smelting in China

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Asia and Oceania produced 111.7 million tons of steel in January, the EU countries - 11.5 million tons, the CIS countries - 9 million tons, the Middle East - 3.9 million tons, Africa produced 1.2 million tons, North America - 10 million tons and South America produced 3.7 million tons.

World steel production in January fell by 6% due to a sharp drop in smelting in China

Global raw steel production in the 64 countries reporting to the World Steel Association (worldsteel) was 155.0 million tonnes in January 2022, down 6.1% from January 2021.

The world's leading steel producer, the People's Republic of China, reduced steel production by 11.2% year-on-year to 81.7 million tons.

India produced 10.8 million tons of steel, up 4.7% from January 2021. Japan smelted 7.8 million tons, down 2.1% year-on-year. The US produced 7.3 million tons of steel, up 4.2% from January last year.

According to worldsteel estimates, Russia produced 6.6 million tons of steel, up 3.3% from January 2021. South Korea smelted 6.0 million tons, which is 1.0% less. Germany produced 3.3 million tons, down 1.4%. Turkey produced 3.2 million tons, down 7.8%. Brazil produced 2.9 million tons, down 4.8%. Iran is estimated to have produced 2.8 million tons, a 20.3% increase.

In January, Ukraine ranked 13th among 64 steel-producing countries, having smelted 1.85 million tons of steel, which is 0.7% more than in January 2021.

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