Arab countries’ crude steel production increased by 5.3% in H1 of 2024

According to the latest report issued by the World Steel Organization on crude steel production, the Arab countries’ production of crude steel reached 3.2 million tons in June 2024, a decline of 0.4% compared to June 2023. The production of June 2024 was the lowest since May 2023. Saudi Arabia topped the Arab countries in steel production in June with a production 805 thousand tons, an increase of 3.1%, followed by Egypt with a production 743 thousand tons, a decrease of 9.9%, and Algeria came in third place with a production 350 thousand tons a decline of 4.6%. In the period from January to June 2024, the volume of crude steel production in Arab countries reached 20.4 million tons, an increase of 5.3% compared to the same period last year. Egypt topped the Arab countries in crude steel production in the first half of 2024, with a production 5.2 million tons, an increase of 9.3% , followed by Saudi Arabia, with a production 5 million tons, an increase of 5.1%. Algeria came in third place, with a production 2.1 million tons, an increase of 3.2%. The Gulf region has captured about 50% of the Arab countries’ production, with a production 10.2 million tons, led by Saudi Arabia with about 50% of the region’s production. The North African region accounted for 42% of the Arab countries’ production with a production 8.5 million tons, led by Egypt with 61% of the region’s production. The Eastern Mediterranean region accounted for 8% of the Arab countries’ production with a production 1.7 million tons, led by Iraq with 88% of the region’s production.

Gulf Area

North Africa

Eastern Mediterranean

Arab countries