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Steel News May 25, 2022 04:20:46 PM

World Crude Steel Output Plummeted in April

Paul Ploumis
ScrapMonster Author
The largest steel producing region was the Asia and Oceania, whose regional steel output totalled 121.40 Mt in April 2022.

World Crude Steel Output Plummeted in April

SEATTLE (Scrap Monster): The world crude steel production by 64 countries reporting to the World Steel Association (worldsteel) totalled 162.7 million tonnes (Mt) in the month of April this year, down by 5.10% compared to the same month a year before.

The largest steel producing region was the Asia and Oceania, whose regional steel output totalled 121.40 Mt in April 2022. The second largest producer was the EU-27 region, with an output of 12.30 Mt. In third place was North America, which recorded an output of 9.40 Mt. The output (in Mt) by the other regions is as follows: Africa (1.2), Russia & Other CIS + Ukraine (7.3), Other Europe (4.2), Middle East (3.3) and South America (3.6).

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Among various regions, only Other Europe region recorded year-on-year jump in crude steel output over the prior year month. The output by the region surged higher marginally by 0.5% year-on-year.

The output by Russia & Other CIS + Ukraine dropped the most, falling by 18.4% over the year. The Middle East steel output too witnessed significant decline by 14.5%. The monthly output by Africa and the EU-27 was down by 5.40% each over April 2021. The North and South American output dipped by 5.1% and 4.8% respectively. Meantime, Asia & Oceania output recorded year-on-year decline by 4.0%.

The topmost steel producing country was China, with an output of 92.8 Mt in April 2022. The other key steel producing countries were India (10.1 Mt) and Japan (7.5 Mt).

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