According to preliminary data announced by the World Steel Association (worldsteel) about World crude steel production (63 countries) in February 2023 was 142.4 million tonnes (Mt) in February 2023, a 1.0% decrease compared to February 2022. Africa produced 1.1 million tonnes in February 2023, down 11.9% from February 2022, and Asia and Oceania produced 106.6 million tonnes of crude steel in February 2023, up 3.0% from February 2022. And the European Union (27) produced 10.5 million tonnes of crude steel in February 2023, a decrease of 12.6% compared to February of 2022. Other Europe produced 2.7 million tonnes , down 24.9%, and the Middle East region produced 3.5 million tonnes , up 11.5%. Crude steel production in North America in the same month was 8.3 million tonnes , a decrease of 5.5%.Compared to the same month in 2022. Independent countries including Russia and Ukraine produced 6.4 million tonnes of crude steel in February of 2023, a decrease of 21.3% over the same period of 2022. South America produced 3.2 million tonnes , down 3.1%.
Production in different regions of the world
Region | February 2023(MT) | February change % 23/22 | Jan- February 2023 MT | % Change 23/22 |
Africa | 1.1 | -11.9 | 2.4 | -8.0 |
Asia Oceania | 106.6 | 3.0 | 223.9 | 3.0 |
EU (27) | 10.5 | -12.6 | 20.7 | -14.3 |
Europe, Other | 2.7 | -24.9 | 5.9 | -21.8 |
Middle-East | 3.5 | 11.5 | 7.4 | 17.1 |
North America | 8.3 | -5.5 | 17.4 | -5.7 |
CIS | 6.4 | -21.3 | 13.3 | -20.7 |
اSouth America | 3.2 | -3.1 | 6.8 | -2.1 |
Total | 142.4 | -1.0 | 297.8 | -0.8 |
As for the Arab countries, Saudi Arabia topped the production of Arab countries in February 2023, producing 736,000 tonnes , an increase of 1.0%, followed by Egypt, producing 705,000 tonnes , a decrease of 11.4%. The UAE came in third place, producing 250,000 tonnes , an increase of 20.2%.
Arab countries production of Crude steel
Country | February 2023(000t) | February change % 23/22 | Jan- Feb. 2023 000t | % Change 23/22 |
Egypt | 705 | -11.4 | 1505 | -7.1 |
Saudi Arabia | 736 | 1.0 | 1446 | -2.2 |
UAE | 250 | 20.2 | 528 | 22.3 |
Qatar | 88 | 2.3 | 184 | 1.6 |
Libya | 74 | 19.4 | 152 | 28.9 |
Tunisia | 7 | -12.5 | 15 | -6.7 |
Total | 1860 | -1.5 | 3830 | 0.7 |