Association News

Global Steel Production Up in January

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World crude steel production for the 64 countries reporting to the World Steel Association was 162.9 million metric tons in January, a 4.8 percent increase compared with the same month last year.

The United States bucked the global trend, producing 6.9 million tons in January, a 9.9 percent decline compared with the same month in 2020. Overall, production in North America declined 7 percent to 9.6 million tons.

China was the largest steelmaker in the world in January, producing 90.2 million tons, a 6.8 percent increase. Indian production increased 7.6 percent to 10 million tons, while Japan’s crude steel production of 7.9 million tons was down 3.9 percent. Russia rounded out the Top 5, producing 6.7 million tons, a 6.5 percent increase.

The EU produced 12.2 million tons in the month, down 0.4 percent. Germany was the leading producer at 3.3 million tons, up 6 percent from January 2020.