World’s crude steel production declined by 3.3% in January 2023
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Steel NewsFebruary 22, 20232 min read

World’s crude steel production declined by 3.3% in January 2023

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According to the preliminary data announced by the World Steel Federation on world production (64 countries) during January 2023, crude steel production amounted to 145.3 million tonnes, a decrease of -3.3% compared to January 2022 production. Africa produced 1.2 million tonnes of crude steel in January 2023, down by -4.9% from January 2022 and Asia and Oceania produced 107.5 million tonnes of crude steel in January 2023, down by -0.2% from January 2022. The European Union (27) produced 10.3 million tonnes of crude steel in January 2023, a decrease of -15.2% compared to January 2022. Other Europe produced 3.3 million tonnes, down by -17.5%, and the Middle East region produced 3.8 million tonnes, up by 19.7%. Crude steel production in North America in the same month was 9.1 million tonnes, a decrease of -5.6% compared to the same month in 2022. Independent countries including Russia and Ukraine produced 6.5 million tonnes of crude steel in January of 2023, a decrease of -24.9% compared to 2022. South America produced 3.6 million tonnes, down by -0.6%.

Production in different regions of the world

Region

January 2023(MT)

December change % 23/22

Jan- Jan 2023

MT

% Change 23/22

Africa

1.2

-4.9

1.2

-4.9

Asia Oceania

107.5

-0.2

107.5

-0.2

EU (27)

10.3

-15.2

10.3

-15.2

Europe, Other

3.3

-17.5

3.3

-17.5

Middle-East

3.8

19.7

3.8

19.7

North America

9.1

-5.6

9.1

-5.6

CIS

6.5

-24.9

6.5

-24.9

South America

3.6

-0.6

3.6

-0.6

Total

145.3

-3.3

145.3

-3.3

As for the Arab countries, Egypt topped the production of Arab countries in January 2023, producing 800,000 tonnes, a decline of -2.0%, followed by the Kingdom of Saudi Arabia, producing 710,000 tonnes, a drop of -5.2%. The UAE came in third place, producing 278,000 tonnes, an increase of 37.6%.

Arab countries production of Crude steel

Country

January 2023(000t)

January 2022(000t)

% Change 23/22

Egypt

800

816

-2.0

Saudi Arabia

710

749

-5.2

UAE

278

202

37.6

Qatar

96

95

1.1

Libya

46

78

-41.0

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World’s crude steel production declined by 3.3% in January 2023 - Arab Iron and Steel Union