worldsteel publishes monthly production statistics for crude steel, direct reduced iron (DRI) and blast furnace iron (BFI). This page explains how these statistics are collected and reported.
Crude steel, DRI and BFI production statistics for 64 countries are published every month in this section of worldsteel.org on. The number of countries reporting may slightly vary.
worldsteel has several sources for the data, including worldsteel member companies, national statistics offices and regional steel industry associations. The economics team at worldsteel collects and compiles the data.
The current year's production statistics tables on worldsteel.org are updated every month. In any given month, several countries’ data will be estimated due to the cut-off date for publication. Not all the reporting institutions can consistently provide the latest monthly figures before the 20th. Estimates are marked (e) in the statistics tables.
The reporting institutions frequently update their statistics. It is common for countries and companies to adjust production figures throughout the year. worldsteel does not provide a daily update of the latest figures. The tables shown on worldsteel.org are a ‘snapshot’ of the production statistics as they have been reported at the time of issue, plus any revisions.
The tables do not show a running total. However, in January, an 'annual total' figure is published. This total is not the sum of the monthly statistics from January to December because the annual figure is calculated by the reporting institution, including any numbers that may have been changed at source, but not published on worldsteel.org.
Not all steel-producing countries are represented in the monthly table. There are around 65 countries that report their production statistics on a monthly basis and approximately 30 that report only annual figures. Further countries issue quarterly statistics, from which monthly figures are estimated.
Every month, worldsteel releases crude steel and iron production figures for 65 countries. This number may slightly vary depending on the number of countries submitting their data.The monthly press release also contains a graph of the global steel capacity utilisation ratio comparing current data with the same month of the previous year.
In April and October, worldsteel announces its short range outlook (SRO), a forecast for apparent steel use. The April SRO looks seven quarters ahead and the October SRO, which is announced at worldsteel's annual conference, looks five quarters ahead.
worldsteel projections consider both real and apparent steel use. Apparent steel use reflects the deliveries of steel to the marketplace from the steel producers as well as from importers. This differs from real steel use, which takes into account steel delivered to or drawn from inventories.
The most recent SRO and monthly crude steel press releases are published on this website.
The annual Steel Statisical Yearbook presents a cross-section of steel industry statistics. It contains comprehensive statistics on crude steel production by process, steel production by product, steel trade by product, apparent steel use, trade and production of iron ore.
Once a year, worldsteel publishes World Steel in Figures, a booklet containing essential facts and statistics about the global steel industry (this publication is accessible via the right column of this page).
worldsteel produces reports and working papers on global indirect trade in steel.