World steel production increased

The world production of crude steel in 64 countries represented by the World Steel Association (worldsteel), in May this year amounted to 174.4 million tons, which is 16.5% more than compared to the same month a year earlier.

The largest steel producing region was Asia and Oceania, which produced 128.4 million tonnes in May this year. The second largest producer was the EU-27 region with a production volume of 13.5 million tonnes. The third place was taken by North America, where production amounted to 10.1 million tons. Production (in million tonnes) in other regions is as follows: Africa (1.3), CIS (9.1), Other Europe (4.2), Middle East (3.7) and South America (3.9 ).

All regions recorded an increase in steel production compared to the same period last year. Crude steel production in the Asia and Oceania region was up nearly 617% year-on-year. Production in the EU-27 region increased by 64.4%. In the regions of North America and the CIS, production increased by 48.4% and 44.3%, respectively. In other European countries, production also increased by 20.9%. In the South American region, production increased by 18.7% over the previous year. Manufacturing in the Middle East grew 17.8% year over year. Meanwhile, production in Africa rose 6.5%.

China became the leader in steel production with production of 99.5 million tons in May 2021. India (9.2 million tonnes) and Japan (8.4 million tonnes) were other key producers.

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