Unsurprisingly, China ranks as the the world largest producer of crude steel in 2019, that’s according to the World Steel Association report. China’s crude steel production in 2018 was at 920 million tonnes (Mt) and 996.3 million tonnes in 2019. China’s share of global crude steel production increased from 50.9% in 2018 to 53.3% in 2019.
World steel production in 2019 amounted to 1.87 billion tonnes, which was 3.4% more than in 2018. Asia produced 1,341.6 million tonnes (Mt) of crude steel in 2019, an increase of 5.7 per cent compared to 2018.
On the other hand, India ranks second globally with 109.3 million tonnes of crude steel production in 2018 and 111.2 million tonnes in 2019. Meanwhile, Japan ranks third in the world with 104.3 million tonnes of crude steel production in 2018 and 99.3 million tonnes in 2019. The United States and Russia rank fourth and fifth respectively.
Crude steel production in North America was 120.0 million tonnes in 2019, 0.8% lower than in 2018. Africa produced 17.0 million tonnes in 2019, down 2.3% on 2018. Oceania produced 6.1 million tonnes, down 2.9% on 2018.
Largest crude steel producing countries in the world
|Rank||Country||2019 (million tonnes)||2018 (million tonnes)||Percentage Change|
|38||United Arab Emirates||3.3||3.2||2.4|
|39||Pakistan (Islamic Republic of)||3.3||4.7||-29.8|
The European Union, the largest trading block in the world, produced 159.4 million tonnes (Mt) of crude steel in 2019, a decrease of 4.9% compared to 2018.Track Latest News Live on CEOWORLD magazine and get news updates from the United States and around the world. The views expressed are those of the author and are not necessarily those of the CEOWORLD magazine.
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