Top 5 Steel Producing Countries in the world!
The top five steel-producing countries in the world as of 2024!
China: Continues to lead as the world’s largest steel producer. India: Maintains its position as the second-largest steel producer with significant production volumes. Japan: Ranks third in steel production, showcasing its industrial capacity. United States: Comes in fourth, contributing a substantial amount to global steel production. And Russia: Holds the fifth spot in the list of top steel producers.
These countries play a pivotal role in the global steel industry, driving innovation and supply in a market that’s essential for various sectors, including construction, automotive, and infrastructure.
According to World Steel Association top countries Steel produced in November 2023:
1️⃣ China: 76.1 Mt produced in November 2023, up by 0.4% from November 2022.
2️⃣ India: 11.7 Mt produced, showing an impressive increase of 11.4%.
3️⃣ Japan: Produced 7.1 Mt, with a slight decrease of 0.9%.
4️⃣ United States: Produced 6.6 Mt, marking a solid increase of 6.1%.
5️⃣ Russia: Estimated to have produced 6.4 Mt, up by a substantial 12.5%.
📊 South Korea, Germany, Türkiye, Brazil, and Iran also contribute significantly to global steel production. Let’s keep an eye on these trends! 💡 Source: World Steel Association (worldsteel)
China produced 76.1 Mt in November 2023, up 0.4% on November 2022. India produced 11.7 Mt, up 11.4%. Japan produced 7.1 Mt, down 0.9%. The United States produced 6.6 Mt, up 6.1%. Russia is estimated to have produced 6.4 Mt, up 12.5%. South Korea produced 5.4 Mt, up 11.9%. Germany produced 2.7 Mt, down 2.4%. Türkiye produced 3.0 Mt, up 25.4%. Brazil produced 2.7 Mt, up 3.8%. Iran is estimated to have produced 3.0 Mt, up 7.6%.
Ref. Source – by World Steel Association (worldsteel)
The World Steel Association (#worldsteel) is one of the largest and most dynamic industry associations in the world, with members in every major steel-producing country. World steel represents steel producers, national and regional steel industry associations, and steel research institutes. Members represent around 85% of global steel production.
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