African crude steel output ticks up in March

21st April 2023 By: Marleny Arnoldi - Deputy Editor Online

African crude steel output ticks up in March

The World Steel Association (Worldsteel) reports that crude steel production for the 63 countries reporting to the association reached 165.1-million tonnes in March – a 1.7% increase compared with March last year.

Notably, Africa improved its output by 8.4% year-on-year to 1.4-million tonnes, while Asia and Oceania increased its output as a region by 4.1% to 124.8-million tonnes.

African crude steel output is led by Egypt, Libya, South Africa and Tunisia.

The European Union recorded 5.6% lower crude steel output at 11.9-million tonnes in March, with North America also producing 2.6% less steel at 9.3-million tonnes.

Other European countries produced 3.5-million tonnes of crude steel, down 14.1% year-on-year. The Middle East also recorded 17.5% lower output, at 3.1-million tonnes.

Russia and other Commonwealth of Independent State countries produced 7.6-million tonnes in March, which was a 3% increase year-on-year.

South America reported a 7.6% decline in crude steel output of 3.5-million tonnes.

China remains the top steel producer globally, having produced 95.7-million tonnes of crude steel in March, which marked an almost 7% year-on-year improvement.

India also reported an increase of 2.7% in crude steel production in March, coming in at 11.4-million tonnes.

Japanese crude steel output fell by 5.9% to 7.5-million tonnes, while US output was down 2.1% to 6.7-million tonnes.

Russia is estimated to have produced 6.6-million tonnes, up 0.4% year-on-year.

Worldsteel members produce about 85% of global steel.