According to the latest report issued by the World Steel Organization on crude steel production, Arab countries' crude steel production amounted to 3.5 million tons during November 2024, an increase of 2.5% compared to November 2023. Saudi Arabia topped Arab countries in steel production during November with a production volume of 851 thousand tons and an increase of 8.2%. It was followed by Egypt with a production volume of 842 thousand tons and a decrease of 8.6%. Algeria came in third place with a production volume of 400 thousand tons, an increase of 8.1% compared to November 2023. During the period from January to November 2024, the volume of crude steel production in Arab countries amounted to 37 million tons, an increase of 2.7% compared to the same period last year. Egypt topped the Arab countries in crude steel production during January - November 2024 with a production volume of 9.7 million tons, an increase of 3.5%. It was followed by Saudi Arabia with a production volume of 8.7 million tons, a decrease of 3.7%. Algeria came in third place with a production volume of 4.1 million tons, an increase of 1.5% compared to the same period in 2023. The Gulf region accounted for about 48% of the Arab countries' production with a production volume of 17.9million tons. Saudi Arabia leads it with about 48% of the region's production. The North Africa region accounted for 43% of the Arab countries' production with a production volume of 15.9 million tons. Egypt leads it with 61% of the region's production. The Eastern Mediterranean region accounted for 9% of the Arab countries' production with a production volume of 3.1 million tons. Iraq leads it with 88% of the region's production. Gulf region
Country | Nov 24 (000t) | Change Nov 24 | Jan- Nov 23/24 (000t) | Change Jan-Nov 23/24 |
Saudi Arabia | 851.8 | 8.2% | 8,703.1 | -3.7% |
UAE | 336.2 | 2.1% | 3,374.3 | -1.1% |
Oman | 240.0 | 20.0% | 2,790.0 | 26.8% |
Bahrain | 99.5 | 10.1% | 1,092.4 | 4.9% |
Qatar | 100.0 | 0.0 | 1,105.0 | 1.3% |
Kuwait | 83.0 | -2.4% | 929,0 | 1.5% |
Total | 1,710.5 | 7.4% | 1,7993.8 | 1.7% |
North Africa region
Country | Nov 23/24 (000t) | Change Nov 24 | Jan- Nov 23/24 (000t) | Change Jan- Nov 2024 |
Egypt | 842.1 | -8.6% | 9,739.8 | 3.5% |
Algeria | 400.0 | 8.1% | 4,100.0 | 1.5% |
Morocco | 120.0 | 1.7% | 1,295.0 | 1.0% |
Libya | 99.7 | 9.8% | 766.5 | -4.6% |
Tunisia | 5.0 | -21.9 | 56.7 | -10.8% |
Total | 1,466.8 | -2.7% | 15,958.0 | 2.3% |
Eastern Mediterranean Region
Country | Nov 23/24 (000t) | Change Nov 24 | Jan- Nov 23/24 (000t) | Change Jan- Nov 2024 |
Iraq | 255.0 | 4.0% | 2760.0 | 9.7% |
Jordan | 25.0 | 0.0 | 275.0 | 0.0 |
Yemen | 10.0 | 25.0% | 98.0 | 6.5% |
Total | 290.0 | 4.0% | 3,133.0 | 6.5% |
Arab countries
Nov 23/24 (000t) | Change Nov 24 | Jan- Nov 23/24 (000t) | Change Jan- Nov 2024 | |
Total Arab countries | 3467.3 | 2.7% | 37,084.9 | 2.5% |