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Steel Production Report - October 2023.

Monthly Steel Production Review

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 plus Ukraine produced 7.4 Mt, up 12.9%. South America produced 3.4 Mt, down 8.7%.

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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