World Steel Association: Global Crude Steel Production in July 2022 Down 6.5% YoY

Published: Aug 25, 2022 10:30
According to the data released by World Steel Association, the crude steel output of the 64 countries included in the statistics stood at 149.3 million mt, a year-on-year decrease of 6.5%.

SHANGHAI, Aug 25 (SMM) - According to the data released by World Steel Association, the crude steel output of the 64 countries included in the statistics stood at 149.3 million mt, a year-on-year decrease of 6.5%.

Crude steel output in July 2022 in different areas

In July 2022, crude steel production in Africa was 1.2 million mt, down 5.4% YoY; crude steel production in Asia and Oceania was 110.1 million mt, 5.2% lower than the year before; crude steel production in EU (27 countries) was 11.7 million mt, down 6.7% from the previous year, and that other European countries amounted to 3.5 million mt, a YoY decline of 16.5%; crude steel output in Middle East rose 24.2 % on the year to 3.2 million mt while that in North America fell 5.4% YoY to 9.6 million mt; Russia and other CIS countries as well as Ukraine produced 6.4 million mt of crude steel, down 29.1%; the crude steel output of South America stood at 3.6 million mt, a year-on-year decrease of 7.8%.

The top ten producers of crude steel in July 2022 include China (81.4 million mt, down 6.4% YoY), India (10.1million mt, up 3.2% YoY), Japan (7.3 million mt, down 8.5% YoY), America (7 million mt, down 6.4% YoY), Russia (5.5 million mt, down 13.2% YoY), South Korea (6.1 million mt, down 0.6% YoY), Germany (3 million mt, down 2% YoY), Turkey (2.7 million mt, down 20.7% YoY), Brazil (2.8 million mt, down 8.7% YoY) and Iran (2 million mt, up 34.1% YoY).

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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