Global steel production in January 2024 decreased by 1.6% compared to the same month in 2023 – to 148.1 million tons. The figure increased by 9.1% compared to December 2023. This is evidenced by the global ranking of 71 steel-producing countries by the World Steel Association.
Total steel production in the CIS+Ukraine increased by 4% over the year compared to January 2023 – to 7.2 million tons. The top ten steel-producing countries, according to World Steel, are:
As GMK Center reported earlier, in 2023 global steel production decreased by 0.1% compared to 2022 – to 1.85 billion tons. Total steel production in the CIS countries + Ukraine for the year increased by 4.5% compared to 2022 – to 88.1 million tons.
In 2023, Ukraine produced 6.2 million tons of steel, which is 0.6% less y/y. The country thus ranked 24th in the global ranking of steel producers, rising from 25th in 2022.
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