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Global crude steel production up 0.8% YoY in November 2024

2024-12-24

Dec. 23, 2024 - World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 146.8 million tonnes (Mt) in November 2024, a 0.8% increase compared to November 2023.



Crude steel production by region


Africa produced 1.8 Mt in November 2024, down 5.0% on November 2023. Asia and Oceania produced 107.4 Mt, up 2.0%. The EU (27) produced 10.7 Mt, up 3.9%. Europe, Other produced 3.4 Mt, down 5.5%. The Middle East produced 5.1 Mt, up 2.7%. North America produced 8.5 Mt, down 5.2%. Russia & other CIS + Ukraine produced 6.5 Mt, down 7.8%. South America produced 3.4 Mt, down 3.4%.


Top 10 steel-producing countries

China produced 78.4 Mt in November 2024, up 2.5% on November 2023. India produced 12.4 Mt, up 4.5%. Japan produced 6.9 Mt, down 3.1%. The United States produced 6.4 Mt, down 2.8%. Russia is estimated to have produced 5.5 Mt, down 9.2%. South Korea produced 5.2 Mt, down 3.6%. Germany produced 2.9 Mt, up 8.6%. Türkiye produced 3.0 Mt, up 0.7%. Brazil produced 2.8 Mt, up 1.9%. Iran produced 3.1 Mt, up 0.1%.