France reduced steel production by 8.7% m/m in September

In September 2024, steel enterprises of France reduced steel production by 8.7% compared to the previous month – to 1.03 million tons. Thus, the country took 18th place in the global ranking of steel-producing countries (71) by the WorldSteel Association.

Compared to the same month of 2023, steel production by French metallurgists increased by 21.5% in September. Thus, production volumes remain at the level of more than 1 million tons for the second month in a row, which has not happened since the first half of 2022.

According to the results of January-September, steel production in France increased by 9.9% compared to the same period in 2023 – up to 8.06 million tons. The average monthly steel production during this period amounted to 895.4 thousand tons compared to 814.6 thousand tons in January-September 2023.

In general, in January-September 2024, steel production in the countries of the European Union increased by 1.5% compared to January-September 2023 – up to 97.8 million tons. Global steel production for 9 months amounted to 1.39 billion tons, which 1.9% less compared to the same period last year.

As GMK Center reported earlier, in 2023, France reduced steel production by 17.4% compared to 2022 – to 10.01 million tons. The average monthly steel production for the year amounted to 840.7 thousand tons, while in 2022 the indicator was at 1.01 million tons (-16.76% y/y).

In 2023, steel production in the countries of the European Union amounted to 126.3 million tons of steel, which is 7.4% less y/y.

There are 11 steel enterprises located in France, including ArcelorMittal Dunkerque (2.25 million tons of steel per year), Saarstahl Ascoval Saint-Saulve (730 thousand tons/year), LME Trith-Saint-Léger (820 thousand tons/year), Ascometal Hagondange (825 thousand t/year), Riva Sam Neuves-Maisons (850 thousand t/year), Riva Sam Montereau (720 thousand t/year), Riva Alpa Gargenville (700 thousand t/year), Riva Iton Seine Bonnieres Sur Seine (550 thousand t/year), Celsa France Boucau (1.2 million t/year), ArcelorMittal Méditerranée Fos sur Mer (2.55 million t/year), Ascometal Fos Sur Mer (900 thousand t/year). The total capacity of steel production plants reaches 12.09 million tons/year.