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Steel Production Report - May 2022.

Monthly Steel Production Review

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 169.5 million tonnes (Mt) in May 2022, a 3.5% decrease compared to May 2021.

Africa produced 1.1 Mt in May 2022, down 18.9% on May 2021. Asia and Oceania produced 126.8 Mt, down 1.7%. The EU (27) produced 12.9 Mt, down 6.8%. Europe, Other produced 4.1 Mt, down 1.7%. The Middle East produced 3.5 Mt, down 10.0%. North America produced 9.9 Mt, down 4.0%. Russia & other CIS + Ukraine produced 7.4 Mt, down 19.1%. South America produced 3.8 Mt, down 2.8%.

About worldsteel

The World Steel Association (also known as worldsteel) is a non-profit organisation with headquarters in Brussels, Belgium. A second office in Beijing, China, opened in April 2006.

The Association has members in every major steel-producing country/ It represents steel producers, national and regional steel industry associations, and steel research institutes. Members represent around 85% of global steel output.

The WSA was founded as the International Iron and Steel Institute (IISI) in July 1967. It changed its name to the World Steel Association in October 2008. The association celebrated its 50th year anniversary in 2017.

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