Association News

Global Steel Production Climbs 3.7% in 2021

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Global steel production in 2021 totaled 1.95 million tons, a 3.7 percent increase from the prior year, the Brussels-based World Steel Association reported. Global production was down 3 percent in December to 158.7 million tons.

The U.S. produced 86 million tons of crude steel last year, an 18.3 percent increase compared with the prior year. Production in December of 7.2 million tons was up 11.9 percent compared with 2020.

For all of North America, 2021 production of 117.8 million tons was up 16.6 percent. Crude production for December totaled 9.7 million tons, up 7.5 percent.

Global leader China’s 2021 production declined 3 percent to 1.03 billion tons. The country’s production in December was down 6.8 percent, the fifth straight month of decreasing production.

Besides China, the other top producers all saw production gains in 2021, including Indian production up 17.8 percent to 118.1 million tons, Japan up 14.9 percent to 96.3 million tons and Russia up 6.1 percent to 76 million tons.