WorldSteel: Global crude steel production down by 3.5% YOY in May

The global crude steel production reached 169.5 million tonnes (Mt) in May 2022, down by 3.5% year on year, according to data released by the World Steel Association (worldsteel) on June 22.

In May 2022, Africa produced 1.1 Mt, down by 18.9% YOY; Asia and Oceania produced 126.8 Mt, down by 1.7% YOY; EU (27) produced 12.9 Mt, down by 6.8% YOY; other countries in Europe produced 4.1 Mt, down by 1.7% YOY; The Middle East produced 3.5 Mt, down by 10.0% YOY; North America produced 9.9 Mt, down by 4.0% YOY; Russia & other CIS + Ukraine produced 7.4 Mt, down by 19.1% YOY; South America produced 3.8 Mt, down by 2.8% YOY.

China produced 96.6 Mt in May 2022, down by 3.5% YOY; India produced 10.6 Mt, up by 17.3% YOY; Japan produced 8.1 Mt, down by 4.2% YOY; The United States produced 7.2 Mt, down by 2.6% YOY; Russia is estimated to have produced 6.4 Mt, down by 1.4% YOY; South Korea produced 5.8 Mt, down by 1.4% YOY; Germany produced 3.2 Mt, down by 11.5% YOY; Turkey produced 3.2 Mt, down by 1.4% YOY; Brazil produced 3.0 Mt, down by 4.9% YOY; Iran is estimated to have produced 2.3 Mt, down by 17.6% YOY.