Global steel production in October 2022 remained at the level of the same month of 2021 – 147.3 million tons. This is evidenced by the global rating of 64 steel-producing countries World Steel Association.
Total steel production in the CIS countries and Ukraine in October 2022 fell by 23.7% y/y – to 6.7 million tons.
The top ten producing countries, according to World Steel, include:
In January-October 2022, world production decreased by 3.9% compared to the same period in 2021 – to 1.553 billion tons. The CIS countries and Ukraine for 10 months of 2022 reduced the total production of steel by 19% – to 72.6 million tons
As GMK Center reported earlier, in 2021 global steel output increased by 3.7% compared to 2020 – up to 1.95 billion tons. Ukraine in 2021 increased production by 3.6% – up to 21.4 million tons. The country took 14th place in the global ranking of 64 steel-producing countries.
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