World crude steel production up 15.2% y/y in March
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 169.2-million tonnes in March, marking a 15.2% increase year-on-year.
Global crude steel production for the first three months of 2021 was 486.9-million tonnes, representing a 10% year-on-year increase.
While Asia and Oceania produced 356.9-million tonnes of crude steel in the first quarter of 2021, an increase of 13.2% compared with the first quarter of 2020, the European Union produced 37.8-million tonnes of crude steel in the first quarter of 2021, up by 3.1% year-on-year.
Crude steel production in North America in the first three months of 2021, meanwhile, was 28.1-million tonnes, a decrease of 5.2% compared with the first quarter of 2020.
The Commonwealth of Independent States produced 26.2-million tonnes of crude steel in the first quarter of 2021, an increase of 3.1% over the first quarter of 2020.
Africa produced 3.9-million tonnes of steel for the period, a 25.9% year-on-year increase.
TOP 10 PRODUCERS
China produced the most crude steel in March at 94-million tonnes, up 19.1% year-on-year. India produced ten-million tonnes, up 23.9%, while Japan produced 8.3-million tonnes, up 4.6%.
The US produced 7.1-million tonnes, up 1%, while Russia is estimated to have produced 6.6-million tonnes, up 9.4%.
South Korea, the sixth-largest producer, produced 6.1-million tonnes, up 4.7%, while Germany is estimated to have produced 3.6-million tonnes, up 10.4%.
Turkey produced 3.4-million tonnes, up 9.2%; and Brazil 2.8-million tonnes, up 4.1%.
Iran is estimated to have produced 2.6-million tonnes, up 10.7%.
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