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Asia

Worldsteel steel demand forecast -6.4% in 2020, down 8.1% on October 2019 prediction

June 8, 2020

In its latest Short Range Outlook (SRO), published June 4th, Worldsteel revised its steel demand growth forecast for 2020 downward due to the Covid-19 crisis. The revision lowered estimated demand growth between 2019 and 2020 from 1.7% in its October 2019 SRO to -6.4% in the June 4th figures. China accounted for 51% of world […]

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April world crude steel production 137.1Mt, down 13% on April 2019

May 22, 2020

Worldsteel published April world crude steel production today. World steel output was 137.1 million metric tonnes, 13.0% lower than in April 2019. Crude steel production in the first four months of 2020 was 4.2% lower than in the same period last year. China accounted for a record 62% of world output in April with production […]

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March world crude steel production 147.1Mt, down 6% on March 2019

April 23, 2020

Worldsteel published March world crude steel production yesterday. World steel output was 147.1 million metric tonnes, 6.0% lower than in March 2019. Crude steel production in the first three months of 2020 was 1.3% lower than in the same period last year. China accounted for 54% of world output in March with production of 79.0 […]

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February world crude steel production 143Mt, 2.8% higher than February 2019

March 23, 2020

Worldsteel published February world crude steel production today. World steel output was 143.3 million metric tonnes, 2.8% higher than in February 2019. China accounted for 52% of world output in February with production of 74.8 million tonnes, 5.0% higher than in February 2019. Asian output outside of China rose 3.1%, with a significant 24.4% rise […]

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January world crude steel production 154Mt, 2.1% higher than January 2019

February 27, 2020

Worldsteel published January’s world crude steel production on Tuesday. World steel output was 154.4 million metric tonnes, 2.1% higher than in January 2019. China accounted for 55% of world output in January with production of 84.3 million tonnes, 7.2% higher than in January 2019. Asian output outside of China fell 4.2% following declines in South […]

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2019 world crude steel production 1,870M tonnes, 3.4% higher than in 2018

January 28, 2020

Worldsteel published December and full-year 2019 world crude steel production yesterday. World crude steel production was 152 million metric tonnes in December, 4.0% higher than in December 2018. Full-year 2019 production was 1,870 million tonnes, 3.4% higher than in 2018. Chinese crude steel production accounted for 55% of full-year 2019 world output. China’s production increased […]

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