World crude steel production increased by 0.6% in October 2023
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Steel NewsNovember 23, 20233 min read

World crude steel production increased by 0.6% in October 2023

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World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 150.0 million tonnes (Mt) in October 2023, a 0.6% increase compared to October 2022. Africa produced 1.9 Mt in October 2023, up 3.5% on October 2022. Asia and Oceania produced 108.8 Mt, up 0.8%. The EU (27) produced 10.6 Mt, down 7.1%. Europe, Other produced 3.6 Mt, down 0.2%. The Middle East produced 5.0 Mt, up 5.0%. North America produced 9.3 Mt, the same as in October 2022. Russia & other CIS + Ukraine produced 7.4 Mt, up 12.9%. South America produced 3.4 Mt, down 8.7%.

Crude steel production by region

Region

Oct. 2023 (MT)

% Changes Oct. 22/23

Jan. - Oct. 2023 (MT)

% Changes 22/23

Africa

1.9

3.5

18.2

4.3

Asia Oceania

108.8

0.8

1,165.2

4.3

EU

10.6

-7.1

106.8

-8.8

Other Europe

3.6

-0.2

34.2

-8.6

Middle East

5.0

5.0

43.4

0.0

North America

9.3

0.0

91.6

-2.8

CIS

7.4

12.9

73.7

3.1

South America

3.4

-8.7

34.2

-6.7

Total

150.0

0.6

1,567.3

0.2

As for the Arab countries, Egypt topped the production of Arab countries in October 2023, producing 1.025 million tonnes, up 14.7%, followed by the Kingdom of Saudi Arabia, producing 861,00 tonnes, up 11.4%. Algeria came in third place, producing 350,000 tonnes, a decline of 3.0%.

Arab countries Crude steel production

Country

Oct. 2023 (000 tonnes)

% Changes Oct. 22/23

Jan. - Oct. 2023 (000 tonnes)

% Changes 22/23

Egypt

1,025

14.7%

8,490

3.9%

Algeria

350

-3.0%

3,651

1.9%

Morocco

120

-4.8%

1,163

-10.5%

Tunisia

6

-10.4%

63

-4.9%

Libya

94

30.7%

712

33.1%

Saudi Arabia

861

11.4%

8,254

1.2%

United Arab Emirates

297

8.7%

2,635

-1.3%

Oman

175

5.4%

1,675

0.5%

Qatar

105

4.8%

973

9.6%

Bahrain

105

8.2%

1,006

2.9%

Kuwait

85

21.4%

837

12.3%

Jordan

25

-7.4%

250

-15.0%

Iraq

260

-5.5%

2,530

-8.2%

Yemen

8

60.0%

83

66.0%

Total

3,516

8.3%

32,323

1.4%

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World crude steel production increased by 0.6% in October 2023 - Arab Iron and Steel Union