Countries by Crude Steel Production 2024

About This Dataset

Countries ranked by total crude steel produced in 2024, measured in millions of metric tons according to the World Steel Association. China produces over half of the world's entire steel output — more than 1,000 million tons annually — a dominance that has transformed global commodity markets, suppressed steel prices worldwide, and generated persistent trade disputes with Europe, the United States, and other steel-producing nations who struggle to compete with Chinese state-subsidised production.

Analysis

China heads the table on 1,019, ahead of India (143) and Japan (88) in Crude Steel Production (Million Metric Tons) in 2024. China alone accounts for more than the other 7 entities combined: 1,019 against 525 Crude Steel Production (Million Metric Tons). Only 1 of the 8 reaches even half the leader's figure (509.5 or more).

Source: Wikipedia

Key Findings

🏆

China leads in Crude Steel Production (Million Metric Tons) with 1,019 in 2024.

📊

Average Crude Steel Production (Million Metric Tons) in 2024: 193 · median: 79.

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Gap in 2024: China is 29.1× larger than Turkey.