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Being first produced in 200 BC and first put on mass production in 1850s steel nowadays is arguably the most important material used in engineering and construction throughout the world. Being an alloy of iron and carbon, steel accounts for over 3500 various grades with different chemical, environmental and physical properties, 75% of which have been created in the past 2 decades. As of 2012, it was produced 1,560 million tons of crude steel in the World with China being an absolute leader accounting for about a half of world's crude steel production, according to the data provided by World Steel Association. Comparing to 2012, the number of crude steel production in the World grew to 1,690 million tons in 2017. China have strengthened the position of the absolute leader. Concerning international trade, Brazil is the biggest exporter of iron ore accounting for about one-fourth of the world's iron ore exports, while China is the biggest importer. These and other statistics on annual and monthly dynamics of production of wide variety of steel products from World Steel Association is available below.

Blast Furnace & Direct Reduced Iron Production (Annual) | Blast Furnace & Direct Reduced Iron Production (Monthly) | Production of Steel by Products (Annual) | Production of Steel (Monthly) | Exports & Imports of Steel by Products | Use of Steel by Products

See also: World Crude Steel Production

First River Steel Data Room

First River has provided strategy consulting services to the steel industry and those with an interest in it since 1998. Now, in partnership with Knoema, you can improve your understanding of the steel industry around the world with proprietary steel-industry data and dashboards from First River.

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