Unchanged global crude steel production

Global crude steel production totalled 954.6 million tonnes in the first half of 2024 and so was unchanged from January-June 2023, according to worldsteel figures presented at the latest BIR convention in Singapore.

Data show higher crude steel production in Africa, Europe, the Middle East and the CIS whereas decreases were registered by Asia/Oceania, as well as by North and South America.

Regionally, the biggest producer in the first six months of 2024 was Asia/Oceania although its total declined 0.4% year on year to 707.1 million tonnes. The year-on-year production decrease for North America was 3.3% to 53.9 million tonnes while the total for South America was 1% lower at 20.7 million tonnes.

Elsewhere, first-half 2024 production increases were as follows: Africa (+3.2% to 10.9 million tonnes); the EU-27 (+0.9% to 67.2 million tonnes); Other Europe (+10.7% to 22.4 million tonnes); the Middle East (+5.8% to 28.5 million tonnes); and the CIS (+0.1% to 44 million tonnes).