Which country was the largest producer of steel as of December 2020?

Which country was the largest producer of steel as of December 2020?

In 2020, total world crude steel production was 1877.5 million tonnes (Mt). The biggest steel producing country is currently China, which accounted for 57% of world steel production in 2020.

How much steel is produced each year?

Global steel production Since 2003, annual crude steel production increased from 971.02 million metric tons to 1.86 billion metric tons in 2020, despite a dip in global demand in 2020.

What country is the largest producer of steel?

The 10 largest steel producing countries

  • China: 831,728,000 tonnes.
  • Japan: 104,661,000 tonnes.
  • India: 101,455,000 tonnes.
  • United States: 81,612,000 tonnes.
  • Russia: 71,491,000 tonnes.
  • South Korea: 71,030,000 tonnes.
  • Germany: 43,297,000 tonnes.
  • Turkey: 37,524,000 tonnes.

What is India rank among the world crude steel production?

Global crude steel output decreases by 0.9% in 2020

Top 10 steel-producing countries
Rank Country 2020 (Mt)
1 China 1053.0
2 India 99.6
3 Japan 83.2

What is India rank among the world crude steel producer?

How big is the global steel industry?

In 2019, the global structural steel market was sized at roughly 290 billion U.S. dollars. According to recent projections, the market size of structural steel is expected to top 320 billion U.S. dollars in 2020.

Who are the top 3 country producers of steel in the world?

Steel Production by Country 2021

  • China. China produces the most steel in the world every year, producing more than half of the world’s steel.
  • India. India is the second-largest producer of steel in the world.
  • Japan. Japan is the third-largest steel producer in the world, producing 99.3 Mt in 2019.
  • United States.
  • South Korea.

Who is second largest steel producer in world?

India
India becomes second largest steel producer of Crude Steel

Top 5 Crude steel producers in the world: 2018, 2019*
2018 2019*
Rank Country Qty (mt)
1 China 996.3
2 India 111.2

What is the world steel production by country?

This article summarizes the world steel production by country. In 2019, total world crude steel production was 1869.9 million tonnes (Mt). The biggest steel producing country is currently China, which accounted for 53.3% of world steel production in 2019. In 2020, China became the first country to produce over one billion tons of steel.

How much crude steel was produced in June 2019?

June 2019 crude steel production. World crude steel production for the 64 countries reporting to worldsteel was 159.0 million tonnes (Mt) in June 2019, a 4.6% increase compared to June 2018.

How much steel did China produce in 2016?

China’s total production of 401.1 million tons during the first half of 2016 was about 0.6 percent less than the 403.7 million tons it produced during the same period last year. In 2016 and 2017 China maintained the status of the leader of steel-producing nations.

How much steel is used in the Middle East?

World crude steel production for the 64 countries reporting worldsteel was 148.3 million tonnes (Mt) in June 2020, a 7.0% decrease compared to June 2019. With its corrosion-resistant properties and super-conductive nature, steel plays a star role in the Middle East’s vast desalination industry.

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