24 September 2020 Brussels, Belgium
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 156.2 million tonnes (Mt) in August 2020, a 0.6% increase compared to August 2019.
Due to the ongoing difficulties presented by the COVID-19 pandemic, many of this month’s figures are estimates that may be revised with next month’s production update.
China produced 94.8 Mt of crude steel in August 2020, an increase of 8.4% compared to August 2019. India produced 8.5 Mt of crude steel in August 2020, down 4.4% on August 2019. Japan produced 6.4 Mt of crude steel in August 2020, down 20.6% on August 2019. South Korea’s steel production for August 2020 was 5.8 Mt, down by 1.8% on August 2020.
Germany produced 2.8 Mt of crude steel in August 2020, down 13.4% on August 2019. Italy produced 0.9 Mt of crude steel in August 2020, up 9.7% on August 2019. France produced 0.7 Mt of crude steel in August 2020, down 31.2% on August 2019. Spain’s steel production for August 2020 was 0.7 Mt, down by 32.5% on August 2020.
The United States produced 5.6 Mt of crude steel in August 2020, a decrease of 24.4% compared to August 2019.
Production in the C.I.S. is estimated to be 7.9 Mt in August 2020, down 6.2% on August 2019. Ukraine produced 1.8 Mt of crude steel in August 2020, down 5.7% on August 2019.
Brazil produced 2.7 Mt of crude steel in August 2020, up by 6.5% on August 2019.
Turkey’s crude steel production for August 2020 was 3.2 Mt, up by 22.9% on August 2019.
- The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world, with members in every major steel-producing country. worldsteel represents steel producers, national and regional steel industry associations, and steel research institutes. Members represent around 85% of global steel production.
- For antitrust reasons worldsteel no longer produces a monthly global capacity utilisation ratio. Information on capacity can be found on the OECD website.