Global crude steel production rose slightly by 0.3% year-on-year in August, with strong growth in India offsetting the impact of declining production in China

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Data released by the World Steel Association on September 24 showed that global crude steel production in August increased slightly by 0.3% year-on-year, reaching 145.3 million tons. BQ steel, The decline in Chinese production contrasts sharply with the robust growth in India, highlighting a new shift in the global steel production landscape.

Among major producing countries, China's pig iron production in August decreased by 0.7% year-on-year to 77.38 million tons, BQ steel, while India stood out with a year-on-year increase of 13.2%, with crude steel production reaching 14.09 million tons in August, effectively offsetting the impact of production cuts in major steel-producing regions.

By region, overall production in Asia increased by 0.5% to 107.3 million tons.

Overall, North American production increased by 1.6% to 9.14 million tons, with the United States growing by 3.2% to 7.17 million tons, while Mexico's production decreased by 0.8% to 1.1 million tons due to tariff policies.

Overall steel production in Europe declined by 2.8% to 8.84 million tons. Germany, Europe's largest steel producer, saw its output fall by 10.5% year-on-year to 2.5 million tons. However, Turkey bucked the trend, increasing by 7.9% to 3.394 million tons.

Production in CIS countries fell by 4.9% to 6.67 million tons, with Kazakhstan being the only country in the region to achieve growth.

Production in South America fell 5% to 3.55 million tons, with Brazil, the largest producer, declining 4.6% to 2.87 million tons. BQ steel, The Middle East performed strongly, increasing by 21.5% to 3.807 million tons, while production in Africa fell 3.8% to 1.82 million tons.

  • Source: Abstract
  • Editor: Shirley

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