World Steel Association

01/24/2025 | Press release | Archived content

December 2024 crude steel production and 2024 global crude steel production totals

24 January 2025 Brussels, Belgium

December 2024 crude steel production

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 144.5 million tonnes (Mt) in December 2024, a 5.6% increase compared to December 2023.

Crude steel production by region

Africa produced 1.9 Mt in December 2024, down 1.0% on December 2023. Asia and Oceania produced 106.3 Mt, up 9.0%. The EU (27) produced 9.6 Mt, up 7.2%. Europe, Other produced 3.3 Mt, down 14.3%. The Middle East produced 4.6 Mt, down 4.5%. North America produced 8.8 Mt, down 4.3%. Russia & other CIS + Ukraine produced 6.8 Mt, down 6.8%. South America produced 3.1 Mt, down 3.8%.

Table 1. Crude steel production by region

Dec 2024 (Mt) % change Dec 24/23 Jan-Dec
2024 (Mt) 		% change Jan-Dec 24/23
Africa 1.9 -1.0 22.3 1.0
Asia and Oceania 106.3 9.0 1,357.8 -1.0
EU (27) 9.6 7.2 129.5 2.6
Europe, Other 3.3 -14.3 43.2 3.4
Middle East 4.6 -4.5 54.1 0.5
North America 8.8 -4.3 105.9 -4.2
Russia & other CIS + Ukraine 6.8 -6.8 84.8 -4.2
South America 3.1 -3.8 41.9 0.6
Total 71 countries 144.5 5.6 1,839.4 -0.9

The 71 countries included in this table accounted for approximately 98% of total world crude steel production in 2023.

Regions and countries covered by the table:

  • Africa: Algeria, Egypt, Libya, Morocco, South Africa, Tunisia
  • Asia and Oceania: Australia, China, India, Japan, Mongolia, New Zealand, Pakistan, South Korea, Taiwan (China), Thailand, Viet Nam
  • European Union (27): Austria, Belgium, Bulgaria, Croatia, Czechia, Finland, France, Germany, Greece, Hungary, Italy, Luxembourg, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden
  • Europe, Other: Macedonia, Norway, Serbia, Türkiye, United Kingdom
  • Middle East: Bahrain, Iran, Iraq, Jordan, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, Yemen
  • North America: Canada, Cuba, El Salvador, Guatemala, Mexico, United States
  • Russia & other CIS + Ukraine: Belarus, Kazakhstan, Russia, Ukraine
  • South America: Argentina, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay, Venezuela

Top 10 steel-producing countries

China produced 76.0 Mt in December 2024, up 11.8% on December 2023. India produced 13.6 Mt, up 9.5%. Japan produced 6.9 Mt, down 1.1%. The United States produced 6.7 Mt, down 2.4%. Russia is estimated to have produced 5.7 Mt, down 8.6%. South Korea produced 5.2 Mt, down 3.2%. Germany produced 2.7 Mt, up 4.1%. Türkiye produced 3.0 Mt, down 7.6%. Brazil produced 2.6 Mt, up 1.8%. Iran produced 2.6 Mt, down 8.2%.

Table 2. Top 10 steel-producing countries

Dec 2024 (Mt) % change Dec 24/23 Jan-Dec 2024 (Mt) % change Jan-Dec 24/23
China 76.0 11.8 1,005.1 -1.7
India 13.6 9.5 149.6 6.3
Japan 6.9 -1.1 84.0 -3.4
United States 6.7 -2.4 79.5 -2.4
Russia 5.7 e -8.6 70.7 -7.0
South Korea 5.2 -3.2 63.5 -4.7
Germany 2.7 4.1 37.2 5.2
Türkiye 3.0 -7.6 36.9 9.4
Brazil 2.6 1.8 33.7 5.3
Iran 2.6 -8.2 31.0 0.8

e - estimated. Ranking of the top 10 producing countries is based on year-to-date aggregate

2024 global crude steel production totals

Total world crude steel production was 1,882.6 Mt in 2024. Please see the Steel Data Viewer for the complete listing of annual production totals by country.

Table 3: 2024 global crude steel production

Rank Country 2024 2023 %2024/2023
1 China 1 005.1 1 022.5 -1.7
2 India 149.6 140.8 6.3
3 Japan 84.0 87.0 -3.4
4 United States 79.5 81.4 -2.4
5 Russia (e) 70.7 76.0 -7.0
6 South Korea 63.5 66.7 -4.7
7 Germany 37.2 35.4 5.2
8 Türkiye 36.9 33.7 9.4
9 Brazil 33.7 32.0 5.3
10 Iran 31.0 30.7 0.8
11 Viet Nam (e) 22.1 19.2 14.9
12 Italy 20.0 21.1 -5.0
13 Taiwan, China (e) 19.1 19.1 -0.3
14 Indonesia (e) 17.0 16.8 0.9
15 Mexico (e) 13.7 16.4 -16.5
16 Canada (e) 12.2 12.2 0.1
17 Spain 11.8 11.4 3.3
18 France 10.8 10.0 7.6
19 Egypt 10.7 10.4 3.6
20 Saudi Arabia 9.6 9.9 -3.4
21 Malaysia (e) 8.8 7.5 16.9
22 Ukraine 7.6 6.2 21.6
23 Austria 7.1 7.1 0.0
24 Belgium (e) 7.1 5.9 21.1
25 Poland (e) 7.1 6.4 10.1
26 Netherlands 6.4 4.7 36.1
27 Thailand (e) 4.9 5.0 -1.0
28 Australia 4.8 5.5 -11.9
29 South Africa 4.7 5.0 -4.8
30 Algeria 4.5 4.4 2.2
31 Bangladesh (e) 4.5 5.0 -10.0
32 Kazakhstan 4.2 3.9 6.5
33 Pakistan (e) 4.1 5.3 -23.2
34 Sweden 4.0 4.3 -5.5
35 United Kingdom 4.0 5.6 -29.0
36 Slovakia 3.9 4.4 -11.7
37 Argentina 3.9 4.9 -21.6
38 United Arab Emirates 3.7 3.8 -1.4
39 Finland 3.7 3.8 -3.8
40 Oman 3.0 2.9 4.5
Others 42.5 43.6 -2.5
World 1 882.6 1 897.9 - 0.8

e - annual figure estimated using partial data or non-worldsteel resources.

* The world total production figure in this table includes estimates of other countries that only report annually.

#Ends#

Notes to Editors:

  • 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. worldsteel represents steel producers, national and regional steel industry associations, and steel research institutes. Members represent around 85% of global steel production.
  • worldsteel makes a limited set of data available free of charge via the Steel Data Viewer. A subscription with access to the iron and crude steel production data for all other countries is available for €1,545 via the worldsteel bookshop. This subscription includes access to 20 years of data in the Steel Statistical Yearbook. Please contact [email protected] with any questions.
  • Information on capacity can be found on the OECD website.
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World Steel Association published this content on January 24, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on December 29, 2025 at 16:04 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]