24 August 2020 Brussels, Belgium
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 152.7 million tonnes (Mt) in July 2020, a 2.5% decrease compared to July 2019. Due to the ongoing difficulties presented by the COVID-19 pandemic, many of this month’s figures are estimates that may be revised with next month’s production update.
China produced 93.4 Mt of crude steel in July 2020, an increase of 9.1% compared to July 2019. Japan produced 6.0 Mt of crude steel in July 2020, down 27.9% on July 2019. South Korea’s steel production for July 2020 was 5.5 Mt, down by 8.3% on July 2019.
Germany produced 2.4 Mt of crude steel in July 2020, down 24.7% on July 2019. Production in the EU overall is estimated to be 9.8 Mt of crude steel in July 2020, down by 24.4% on July 2019.
The United States produced 5.2 Mt of crude steel in July 2020, a decrease of 29.4% compared to July 2019.
Production in the C.I.S. is estimated to be 8.1 Mt in July 2020, down 5.8% on July 2019. Ukraine produced 1.8 Mt of crude steel in July 2020, down 1.9% on July 2019.
Turkey’s crude steel production for July 2020 was 3.1 Mt, up by 7.4% on July 2019.
- 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.
- For antitrust reasons worldsteel no longer produces a monthly global capacity utilisation ratio. Information on capacity can be found on the OECD website.