Global crude steel output has been declining year-on-year for three consecutive years

According to the statistics of the World Steel Association, in 2019, global crude steel production reached 1.869 billion tons, a year-on-year increase of 3.4%, and the year-on-year growth rate has declined for three consecutive years. In 2019, except Asia and the Middle East, crude steel output in all other regions declined year-on-year.

By country, the top 10 steel-producing countries are China, India, Japan, the United States, Russia, South Korea, Germany, Turkey, Brazil and Iran. Compared with 2018, among the top 10 steel-producing countries, South Korea surpassed Russia to enter the top 5 steel-producing countries.

From the perspective of the Asian region, in 2019, Asian crude steel production was 1,341.6 million tons, a year-on-year increase of 5.7%. Among them, China's crude steel production was 996.3 million tons, an increase of 8.3% year-on-year, and its share of global crude steel production increased from 50.9% in 2018 to 53.3% in 2019; India's crude steel production was 111.2 million tons, an increase from the same period last year 1.8%; Japan's crude steel output was 99.3 million tons, down 4.8% year-on-year; South Korea's crude steel output was 71.4 million tons, down 1.4% year-on-year.

From the perspective of the EU region, the EU's crude steel production in 2019 was 159.4 million tons, a year-on-year decrease of 4.9%. Among them, Germany's crude steel output was 39.7 million tons, down 6.5% year-on-year; Italy's crude steel output was 23.2 million tons, down 5.2% year-on-year; France's crude steel output was 14.5 million tons, down 6.1% year-on-year; Steel output was 13.6 million tons, down 5.2% year-on-year.

In 2019, North American crude steel production was 120 million tons, down 0.8% year-on-year, of which the US crude steel production in 2019 was 87.9 million tons, up 1.5% year-on-year. Crude steel production in the CIS countries in 2019 was 100.4 million tons, down 0.5% year-on-year. Among them, crude steel production in Russia was 71.6 million tons, down 0.7% year-on-year; Ukraine crude steel output was 20.8 million tons, down 1.2% year-on-year. The crude steel output in the Middle East was 45.3 million tons, a year-on-year increase of 19.2%. South American crude steel production is 41.2 million tons, down 8.4% year-on-year. Brazil's crude steel output was 32.2 million tons, a year-on-year decrease of 9.0%. Turkish crude steel output was 33.7 million tons, a year-on-year decrease of 9.6%. Africa's crude steel output was 17 million tons, down 2.3% year-on-year. The crude steel output in Oceania was 6.1 million tons, a year-on-year decrease of 2.9%. (source from China Metallurgical News)