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    Analysis

    January 25, 2024

    Global steel production dipped in December, 2023 output down

    Written by David Schollaert

    Global steel output fell in December, led by cuts in China, the World Steel Association (worldsteel) said in its latest monthly report. Annual totals in 2023 saw a similar trend.

    Producers around the world produced 135.7 million metric tons (mt) of steel in December. This was 3.1% below the 145.5 million mt produced the month before and was a 5.3% year-on-year (y/y) decline, worldsteel said.

    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.

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