World crude steel production up 0.8% in November 2024
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Steel NewsDecember 23, 20243 min read

World crude steel production up 0.8% in November 2024

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World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 146.8 million tonnes (Mt) in November 2024, a 0.8% increase compared to November 2023. Africa produced 1.8 Mt in November 2024, down 5.0% on November 2023. Asia and Oceania produced 107.4 Mt, up 2.0%. The EU (27) produced 10.7 Mt, up 3.9%. Europe, Other produced 3.4 Mt, down 5.5%. The Middle East produced 5.1 Mt, up 2.7%. North America produced 8.5 Mt, down 5.2%. Russia & other CIS + Ukraine produced 6.5 Mt, down 7.8%. South America produced 3.4 Mt, down 3.4%.

Crude steel production by region

Region

Nov 2024 (Mt)

% change Nov 24/23

Jan-Nov 2024 (Mt)

% change Jan-Nov 24/23

Africa

1.8

-5

20.4

1.3

Asia and Oceania

107.4

2

1,251.50

-1.8

EU (27)

10.7

3.9

119.9

2.2

Europe, Other

3.4

-5.5

39.9

5.2

Middle East

5.1

2.7

49.2

1.4

North America

8.5

-5.2

97.1

-4.1

CIS

6.5

-7.8

77.9

-4.1

South America

3.4

-3.4

38.8

0.9

Total

146.8

0.8

1,694.60

-1.4

China produced 78.4 Mt in November 2024, up 2.5% on November 2023. India produced 12.4 Mt, up 4.5%. Japan produced 6.9 Mt, down 3.1%. The United States produced 6.4 Mt, down 2.8%. Russia is estimated to have produced 5.5 Mt, down 9.2%. South Korea produced 5.2 Mt, down 3.6%. Germany produced 2.9 Mt, up 8.6%. Türkiye produced 3.0 Mt, up 0.7%. Brazil produced 2.8 Mt, up 1.9%. Iran produced 3.1 Mt, up 0.1%.

Top 10 steel-producing countries

Country

Nov 2024 (Mt)

% change Nov 24/23

Jan-Nov 2024 (Mt)

% change Jan-Nov 24/23

China

78.4

2.5

929.2

-2.7

India

12.4

4.5

135.9

5.9

Japan

6.9

-3.1

77.1

-3.6

United States

6.4

-2.8

72.9

-2.2

Russia

5.5

-9.2

64.9

-7

South Korea

5.2

-3.6

58.3

-4.9

Germany

2.9

8.6

34.5

5.3

Türkiye

3

0.7

33.9

11.2

Brazil

2.8

1.9

31.2

5.6

Iran

3.1

0.1

28

0.5

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