World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 148.1 million tonnes (Mt) in January 2024, a 1.6% decrease compared to January 2023.
Crude steel production by region
Area | Jan 2024 (Mt) | % change Jan 24/23 | Jan-Jan 2024 (Mt) | % change 24/23 |
Africa | 2.0 | 16.3 | 2.0 | 16.3 |
Asia and Oceania | 107.6 | -3.6 | 107.6 | -3.6 |
EU (27) | 10.2 | -1.8 | 10.2 | -1.8 |
Europe, Other | 3.9 | 22.5 | 3.9 | 22.5 |
Middle East | 4.7 | 23.1 | 4.7 | 23.1 |
North America | 9.2 | -2.1 | 9.2 | -2.1 |
CIS | 7.2 | 4.0 | 7.2 | 4.0 |
South America | -6.3 | 6.3 | 3.4 | -6.3 |
Total | 148.1 | -1.6 | 148.1 | -1.6 |
At the level of Arab countries, Egypt topped the production of Arab countries in January 204, producing 980 thousand tons, an increase of 20.7%. Followed by Saudi Arabia, with a production of 902 thousand tons, an increase of 8.2%. Algeria came in third place, producing 375 thousand tons, an increase of 1.1%. At the level of the total production of Arab countries in January 2024, it increased by 11.5% to 3,281 thousand tons.
Arab countries’ production of crude steel
Country | Jan -24 (thousand tons) | % change Jan 24/23 | Jan-Jan 2024 (thousand tons) | % change 24/23 |
Egypt | 980 | 20.7 | 980 | 20.7 |
Algeria | 375 | 1.1 | 375 | 1.1 |
Morocco | 120 | 4.3 | 120 | 4.3 |
Tunisia | 5 | -37.5 | 5 | -37.5 |
Libya | 102 | 30.8 | 102 | 30.8 |
Saudi Arabia | 902 | 8.2 | 902 | 8.2 |
UAE | 350 | 7.0 | 350 | 7.0 |
Oman | 250 | 19.0 | 250 | 19.0 |
Qatar | 104 | 8.7 | 104 | 8.7 |
Bahrain | 100 | 3.1 | 100 | 3.1 |
Kuwait | 83 | -1.2 | 83 | -1.2 |
Jordan | 25 | 4.2 | 25 | 4.2 |
Iraq | 250 | 0.0 | 250 | 0 |
Yemen | 10 | 25.0 | 10 | 25 |
Total | 3,281 | 11.5% | 3,281 | 11.5% |