The production of crude steel by the countries of the world, which report to the World Steel Association (worldsteel), fell significantly in April this year. Monthly production data show that the output of the 64 reporting countries to the association dropped significantly by almost 13% over the previous year. These countries accounted for almost 99% of global crude steel production in 2019.
World crude steel production was 137.098 million tonnes in April 2020, up from 157.672 million tonnes in the same month a year earlier.
China’s steel production was able to record modest growth, while all other major producing countries experienced a sharp drop in production. The country, whose production volume amounted to 85.033 million tons, accounted for more than 62% of world steel production.
The table below provides data on steel production for the top ten producing countries in April this year:
Note. The above figures are given in thousand tons