China leads steel production fall

World crude steel production in September was 143.6 million tonnes (Mt), a 4.7% decrease compared to September 2023.

Data from the 71 countries reporting to the World Steel Association (worldsteel) show that China’s total in September was77.1 Mt, down 6.1% on the same month a year earlier. Indian production also declined, by 0.2%, to 11.7 Mt.

Of the remaining countries in worldsteel’s top 10 list, Japan delivered 6.6 Mt, down 5.8%; the United States 6.7 Mt (+1.2%); Russia an estimated 5.6 Mt (-10.3%); South Korea 5.5 Mt (+1.3%); Germany 3.0 Mt (+4.3%); Turkey 3.1 Mt (+6.5%); Brazil 2.8 Mt (+9.9%); Iran (estimated) 1.5 Mt (-41.2%).