Total world crude steel production as reported by the World Steel Association (worldsteel) during 2021 was 1 950.5 million tonnes in 2021, a 3.7% increase on 2020.
As ever, the numbers are dominated by China whose total production of 1 032.8 million tonnes was 3% down on 2020. The next three largest producers all reported significant annual increases: India (17.8%); Japan (15.8%) and the US (18.3%).
The individual total for December 2021 was 158.7 million tonnes, a 3.0% decrease compared to December a year earlier.
Breaking down the numbers to individual countries, China produced 86.2 million tonnes in December 2021, down 6.8% on December 2020. India produced 10.4 million tonnes (+ 0.9%); Japan 7.9 million tonnes (+ 5.4%); the United States 7.2 million tonnes (+ 11.9%). Turkey’s total of 3.3 million tonnes was down 2.3%.
Worldsteel’s previous two reports show crude steel production in November was 143.3 million tonnes, a 9.9% decrease compared to November 2020, while the October total was 145.7 million tonnes, down 10.6% compared to October 2020.
Meanwhile the latest customs data from China shows a big jump in imports of ferrous scrap in 2021. The country imported more than 550 000 tonnes compared to little more than nil the year before. Of this, 70% came from Japan and nearly 20% from South Korea.
It was only at the end of 2020 that China relaxed restrictions on ferrous scrap which had been in place for two years.
Don't hesitate to contact us to share your input and ideas. Subscribe to the magazine or (free) newsletter.