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World steel production in December 2022 collapsed by 10%

Main / Ferrous metallurgy

The largest drop in production at the end of 2022 was shown by the EU countries (27), which produced 9.2 million tons of steel, which is 16.7% less than in December 2021. Russia and other CIS countries + Ukraine produced 6.2 million tons, which is 28.4% less.

World steel production in December 2022 collapsed by 10%

Global steel production in 64 countries reporting to the World Steel Association (Worldsteel) in December 2022 amounted to 140.7 million tons, which is 10.8% less than in December 2021.

China produced 77.9 million tons in December 2022, down 9.8% from December 2021. India produced 10.6 million tons, up 0.8%. Japan produced 6.9 million tons, down 13.1%.

The United States produced 6.5 million tons, down 8.3% from a year earlier.

The association estimates that Russia produced 5.5 million tons of steel, down 11.3% from December 2021.

South Korea produced 5.2 million tons, down 11.6% . Germany produced 2.7 million tons, down 14.6%.

Turkey produced 2.7 million tons of steel, down 20.0%. Brazil produced 2.5 million tons, down 5.2%.

Iran produced 2.7 million tons in December 2022, up 3.3% from December 2021.

The total world production of crude steel in 2022 amounted to 1 billion 878.5 million tons, which is 4.2% less than in 2021.

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