World steel production in 2020 decreased by 0.9%

Global crude steel production in 2020 fell 0.9% year-on-year to 1.86 billion tonnes as production increases in Iran, Turkey and China almost completely offset losses in most other major steel-producing countries, reported The World Steel Association in its January 26 report.

Iran showed the largest growth, with production growing by about 13.4% year on year to about 29 million tonnes in 2020. Total steel output in the Middle East reached 45.4 million tonnes, up 2.5% on 2019.

Total crude steel production in Asia rose 1.5% year-on-year in 2020 to 1.37 billion tonnes, boosted by a 5.2% increase in steel production in China to 1.05 billion tonnes.

According to worldsteel, China’s share of global crude steel production increased from 53.3% in 2019 to 56.5% in 2020.

In other Asian countries reporting to Worldsteel, steel production declined. Steel production fell 10.6% to 99.6 Mt in India, 16.2% to 83.2 Mt in Japan and 6% to 67.1 Mt in South Korea.

Steel production in Turkey in 2020 was 35.8 million tonnes, up 6.0% from 2019, worldsteel reports.

Russia is estimated to have increased steel production by 2.6% in 2020, reaching 73.4 million tonnes. In general, steel production in the CIS countries during this period increased by 1.5% to 102 million tons.

Worldsteel reported steel production declined in the EU, America and Oceania.

Steel production in the EU fell 11.8% year on year to 138.8 million tonnes, while production in Germany fell 10% to 35.7 million tonnes.

Steel production fell 15.5% to 101.1 Mt in North America and 8.4% to 38.2 Mt in South America. The United States produced 72.7 million tonnes (down 17.2%), while Brazil produced 31 million tonnes (down 4.9%).

In 2020, Oceania produced 6.1 million tonnes of steel, down 1.4% from 2019.

Steel production in Africa in 2020 remained stable at 17.2 million tonnes.

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