World crude steel production declined by 5.1% in May 2023 
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Steel NewsJune 21, 20232 min read

World crude steel production declined by 5.1% in May 2023 

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According to the preliminary data announced by the World Steel Organization about world production (63 countries) during May 2023, crude steel production amounted to 161.6 million tonnes, a decrease of 5.1% compared to the production of May 2022. Africa produced 1.3 million tonnes in May 2023, up 18.6% from May 2022. Asia and Oceania produced 119.5 million tonnes, down 6.0%. The European Union (27) produced 11.6 million tonnes, down by 11.2%. Europe and the other produced 3.7 million tonnes, down 7.7%. The Middle East produced 4.4 million tonnes, up 4.3%. North America produced 9.6 million tonnes, down 3.7%. Russia, the CIS and Ukraine produced 7.9 million tonnes, up 11.5%. South America produced 3.6 million tonnes, down 5.2%.

production in different regions of the world

Area

May 2023 (Mt)

% change May 23/22

Jan-May 2023 (Mt)

% change 23/22

Africa

1.3

18.6

6.3

2.6

Asia and Oceania

119.5

-6

588.4

0.7

EU (27)

11.6

-11.2

56

-10.4

Europe, Other

3.7

-7.7

16.6

-16.3

Middle East

4.4

4.3

18.7

1.1

North America

9.6

-3.7

45.9

-3.6

CIS

7.9

11.5

36.9

-3.8

South America

3.6

-5.2

17.1

-5.9

Total

161.6

-5.1

786

-1.2

As for the Arab countries, Egypt topped the production of Arab countries in May 2023, producing 873 thousand tonnes , an increase of 11.4%, followed by the Kingdom of Saudi Arabia, producing 815 thousand tonnes , an increase of 6.0%. The UAE came in third place, producing 187 thousand tonnes , a decline of 41.0%.

Arab countries production of crude steel

Country

May 2023 (000t)

% change May 23/22

Jan-May 2023 (000t)

% change 23/22

Egypt

873

11.4%

3942

-0.1%

Saudi Arabia

815

6.0%

3868

1.8%

UAE

187

-41.0%

1269

-3.0%

Qatar

95

1.1%

471

3.7%

Libya

17

-75.7%

326

3.8%

Tunisia

8

60.0%

39

8.3%

Total

1995

-2.2%

9915

0.6%

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World crude steel production declined by 5.1% in May 2023  - Arab Iron and Steel Union