https://www.engineeringnews.co.za
Africa|Steel
Africa|Steel
africa|steel

Global crude steel output decreases by 0.9% in 2020

DECREASED STEEL OUTPUT 
Global crude steel production reached 1 864-million tonnes for the year 2020

DECREASED STEEL OUTPUT Global crude steel production reached 1 864-million tonnes for the year 2020

Photo by worldsteel.org

26th February 2021

     

Font size: - +

Global crude steel production reached 1 864-million tonnes (Mt) for the year 2020, which is down by 0.9% compared with 2019, steel industry association the World Steel Association stated in a press release last month.

Asia produced 1 374.9 Mt of crude steel in 2020, which was an increase of 1.5% compared with 2019. China’s crude steel production in 2020 reached 1 053 Mt, up by 5.2% on 2019. The association notes that China’s share of global crude steel production increased from 53.3% in 2019 to 56.5% in 2020.

Additionally, India’s crude steel production for 2020 was 99.6 Mt, down by 10.6% in 2019. Japan produced 83.2 Mt in 2020, also down by 16.2% on 2019; whereas South Korea produced 67.1 Mt in 2020, which is down by 6% on 2019.

Further, the European Union produced 138.8 Mt of crude steel in 2020, a decrease of 11.8% compared with 2019. Germany, in particular, produced 35.7 Mt of crude steel in 2020, down by 10% on 2019.

In the Commonwealth of Independent States, the total production for 2020 was 102 Mt, which is up by 1.5% on 2019; meanwhile, Russia is estimated to have produced 73.4 Mt in 2020, up by 2.6% on 2019. Ukraine produced 20.6 Mt in 2020, down by 1.1% on 2019.

The total crude steel production in North America was 101.1 Mt in 2020, down by 15.5% on 2019. The US produced 72.7 Mt in 2020, down by 17.2% on 2019.

Meanwhile, the Middle East produced 45.4 Mt of crude steel in 2020, an increase of 2.5% on 2019, with Iran producing an estimated 29 Mt in 2020 – up by 13.4% on 2019.

For South America, yearly crude steel production was 38.2 Mt in 2020, a decrease of 8.4% on 2019. Brazil produced 31.0 Mt in 2020, down by 4.9% compared with 2019.

Turkey’s crude steel production for 2020 was 35.8 Mt, up by 6% on 2019.

Africa, meanwhile, produced 17.2 Mt of crude steel in 2020. This is the same as the 2019 production figure.

Oceania produced 6.1 Mt of crude steel in 2020, down 1.4% on 2019, the World Steel Association concluded.

Edited by Zandile Mavuso
Creamer Media Senior Deputy Editor: Features

Comments

Showroom

Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 
Aqs image
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (26/04/2024)
26th April 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.086 0.137s - 159pq - 2rq
Subscribe Now