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News 2020 steel production falls by 1% globally

2020 steel production falls by 1% globally

Written by Global Slag staff
03 February 2021
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World: Global steel production was 1.86Bnt in 2020, down by 1% year-on-year from 1.88Bn in 2019. The decrease is the first since 2015. The sharpest declines were recorded in the US (17%), Japan (16%), the EU (12%) and India (11%). Chinese steel production rose for a sixth consecutive year to 1.05Bnt, up by 5% from 1.00Bnt. The rest of the world produced 811Mt, down by 8% from 879Mt. China’s share of world steel production rose to 57% from 53%.

Published in Global Slag News
Tagged under
  • World
  • World Steel Association
  • data
  • Production
  • US
  • Japan
  • European Union
  • China
  • India
  • coronavirus

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