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Global steel production up 6.6% in the first two months of 2021

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In the top ten countries, production grew in China, Korea, Turkey, Brazil and Iran, and fell in Japan, India, the United States, Russia and Germany.

Global steel production up 6.6% in the first two months of 2021

World steel production in January - February 2021, according to the World Steel Association (Worldsteel), amounted to 315 million tons, which is 6.6% more than in the same period last year (APPG). Steel production in February amounted to 150.2 million tons, which is 4.1% more than in February 2020.

The share of China, according to Worldsteel estimates, accounted for 83 million tons, which is 10.9% more compared to February 2020. Metallurgists in India reduced steel production by 3.1% to 9.1 million tons, Japan - by 5.6% to 7.5 million tons. South Korea increased volumes by 1.2% to 5.5 million tonnes.

CIS countries produced 8 million tonnes of crude steel in February 2021, down 1.5% YoY. In the Russian Federation, smelting amounted to 5.7 million tons, which is 1.3% less than in February 2020.

EU countries in February reduced steel production in annual comparison by 7.1% or to 11.9 million tons. In particular, Germany produced 3.1 million tons, which is 10.4% lower in annual comparison.

Turkey produced 3.0 million tons of steel, an increase of 5.9%.

US steel production was 6.3 million tonnes, down 10.9%.

Brazil produced 2.8 million tonnes of steel, up 3.8%.

Iran posted a record 11.5% YoY growth and produced 2.3 million tonnes of steel in February.

Top 10 steel producing countries in February 2021:

1.China (83 million tons).

2.India (9.1 million tons).

3. Japan (7.5 million tons).

4.USA (6.3 million tons).

5.Russia (5.7 million tons).

6. South Korea (5.5 million tons).

7.Turkey (3 million tons).

  1. Germany (3.1 million tonnes).
  2. Brazil (2.8 million tons).
  3. Iran (2.3 million tons).
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