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Europe

Worldsteel steel demand growth forecast revised downward to -2.3% in 2022 and 1.0% in 2023

October 20, 2022

In its latest Short Range Outlook (SRO), published yesterday, Worldsteel expects world steel demand to be 1,797 million metric tonnes in 2022 and 1,815 million tonnes in 2023. The new forecast expects a 2.3% steel demand decline in 2022 and a 1.0% increase in 2023, lowering its expectations compared to their April, 2022 forecast by […]

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World crude steel production drops 5.9% on June, 2021 to 158.1Mt

July 22, 2022

Worldsteel published June, 2022 world crude steel production today. World crude steel output was 158.1 million metric tonnes, 5.9% lower than in June, 2021. China produced 90.7 million tonnes this June, accounting for 57% of world output and falling 3.3% on June, 2021. In other parts of Asia, Indian crude steel production rose 6.3% but […]

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World crude steel production falls 3.5% on May, 2021 to 169.5Mt

June 22, 2022

Worldsteel published May, 2022 world crude steel production today. World crude steel output was 169.5 million metric tonnes, 3.5% lower than in May, 2021. China produced 96.6 million tonnes in May, accounting for 57% of world output and falling 3.5% on May, 2021. In other parts of Asia, Indian crude steel production rose 17.3% but […]

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World crude steel production down 5.1% on April, 2021 to 162.7Mt

May 25, 2022

Worldsteel published April, 2022 world crude steel production yesterday. World crude steel output was 162.7 million metric tonnes, 5.1% lower than in April, 2021. China produced 92.8 million tonnes in April, accounting for 57% of world output and falling 5.2% on April, 2021. In other parts of Asia, Indian crude steel production rose 6.2%, but […]

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World crude steel production drops 5.8% on March, 2021 to 161Mt

April 25, 2022

Worldsteel published March, 2022 world crude steel production on Friday. World steel output was 161.0 million metric tonnes, 5.8% lower than in March, 2021. China produced 88.3 million tonnes in March, accounting for 55% of world output and falling 6.4% on March, 2021. In other parts of Asia, Indian crude steel production rose 4.4% but […]

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Worldsteel steel demand growth +0.4% in 2022, revised downward by 1.8% on October 2021 prediction

April 18, 2022

In its latest Short Range Outlook (SRO), published last Thursday, Worldsteel expects world steel demand in 2022 to reach 1,840 million metric tonnes. The new forecast decreases estimate demand growth between 2021 and 2022 from 2.2% in its October 2021 SRO to 0.4% in the newly released figures. China accounted for 52% of world steel […]

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