The steel industry continues to reach record highs in worldwide production, despite facing challenges of oversupply and raw materials costs, a report from the World Steel Association shows.
Incredibly, total world crude steel production was 1,606 million metric tonnes for 2013 and estimates show that numbers for 2014 – to be released in the coming months – and into 2015, will show continued growth.
As we wait for the official data for 2014, we thought it would be interesting to take a look at the world’s biggest steel producing nations as they stand. Who are the biggest steel producers? How much do they produce, export and use?
Crude Steel Production: 779.0 million tonnes
Steel Exports: 61.5 million tonnes
Apparent Steel Use: 700.2 million tonnes
Crude Steel Production: 110.6 million tonnes
Steel Exports: 42.5 million tonnes
Apparent Steel Use: 65.3 million tonnes
Crude Steel Production: 86.9 million tonnes
Steel Exports: 12.5 million tonnes
Apparent Steel Use: 95.6 million tonnes
Crude Steel Production: 81.2 million tonnes
Steel Exports: 10.1 million tonnes
Apparent Steel Use: 73.7 million tonnes
Crude Steel Production: 68.7 million tonnes
Steel Exports: 23.6 million tonnes
Apparent Steel Use: 43.0 million tonnes
Crude Steel Production: 66.1 million tonnes
Steel Exports: 28.9 million tonnes
Apparent Steel Use: 51.6 million tonnes
Crude Steel Production: 42.6 million tonnes
Steel Exports: 24.3 million tonnes
Apparent Steel Use: 37.7 million tonnes
Crude Steel Production: 34.7 million tonnes
Steel Exports: 17.3 million tonnes
Steel Use: 31.3 million tonnes
Crude Steel Production: 34.2 million tonnes
Steel Exports: 8.1 million tonnes
Apparent Steel Use: 26.4 million tonnes
Crude Steel Production: 32.8 million tonnes
Steel Exports: 24.7 million tonnes
Apparent Steel Use: 5.6 million tonnes
Will we see a reshuffle in the top 10 given recent challenges of overcapacity and sluggish economic growth? We’ll
have to wait and see.
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Source: World Steel in Figures 2014, World Steel Association
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