China’s share of global steel production increased in 2018

International industry association the World Steel Association (worldsteel) has released its figures for global crude steel output in 2018.

According to worldsteel, China increased both its output (up 6.6 per cent) and its overall share of the world’s output (from 50.3 to 51.3 per cent of total), creating 928.3 million tonnes (Mt) of crude steel in 2018.

India overtook Japan to rank second overall, with volumes up 4.9 per cent over the year to 106.5 Mt. Other significant output shifts in the top ten nations included the US increasing by 6.2 per cent to 86.7 Mt, Germany declined by 2.0 per cent to 42.4 Mt, and Iran up 17.7 per cent to 25.0 Mt.

Australia placed 26, and saw an increase in production of 6.8 per cent to 5.7 Mt.

A summary from worldsteel can be found here.

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