• Skip to main content

    Market Data

    July 23, 2021

    Global Steel Production Eases in June

    Written by David Schollaert

    World crude steel production lost momentum in June after repeated months of record-breaking output, according to World Steel Association (worldsteel) data. Global production in June, at an estimated 167.9 million metric tons, declined 3.7% from May, but was still 12.0% higher than the same period last year.

    Since March’s historic 12.7% jump, world crude steel production had been trending up. June’s total is 6.5 million tons lower than May’s record high of 174.4 million tons. Total global output in June was heavily affected by a 5.6% decrease in Chinese production, along with smaller decreases in seven of the top 10 steel-producing countries, reported worldsteel.

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

    Read more from David Schollaert

    Latest in Market Data