Global crude steel production sees modest growth in November

Steel output reaches 146.8M tons last month, says steel association

By Tuba Ongun

Global crude steel production reached 146.8 million tons in November, marking a 0.8% rise compared to last year, the World Steel Association (worldsteel) reported on Monday.

China, the world's top producer, saw a 2.5% rise in steel output, reaching 78.4 million tons.

India, the world's number two steel producer, posted an annual growth of 4.5% to 12.4 million tons.

Other key producers, however, saw declines. Japan's steel output fell by 3.1% to 6.9 million tons and the US reported a 2.8% decrease, producing 6.4 million tons.

Russia's output saw a significant drop of 9.2%, totaling 5.5 million, and South Korea's production fell by 3.6% to 5.2 million tons.

In Europe, Germany posted an 8.6% rise in production, reaching 2.9 million, while Türkiye produced 3 million tons of crude steel, a modest increase of 0.7%.

The World Steel Association represents approximately 85% of global steel production.

In January-November, global steel production ticked down by 1.4% to 1.7 billion tons.


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