Industry News

The world crude steel capacity declined 2.5% in 2020

Views : 267
Update time : 2021-03-22 17:05:17
According to the statistic from ISSF, the global crude steel capacity total amount 50.89 million tons in 2020, fall 2.5% to 52.21 million tons compared with last year. Among them, Europe and the United States were decreased by 7.1% and 17.3% year on year. The production of Chinese crude steel around 30.13 million tons, increased 29.40 million tons to 2.5% compared with last year.

Asia area not including China, Korea and Indonesia around 6.42 million tons declined 7.89 million tons to 18.6% compared with last year. Another area (Brazil, Russia, South Africa, Korea, Indonesia) around 5.85 million tons, increased 5.52 million tons to 6% compared with last year.
Related News
Read More >>
Indonesia Tsingshan raises prices, supporting Taiwan's stainless steel prices in March Indonesia Tsingshan raises prices, supporting Taiwan's stainless steel prices in March
Feb .26.2026
Indonesia Tsingshan raises prices, supporting Taiwan's stainless steel prices in March
Taiwan’s Yusco raises stainless steel prices for Mar as production costs rise Taiwan’s Yusco raises stainless steel prices for Mar as production costs rise
Feb .26.2026
Taiwan’s Yusco raises stainless steel prices for Mar as production costs rise
Embraer & Hindalco ink MoU to explore aerospace aluminum production in India Embraer & Hindalco ink MoU to explore aerospace aluminum production in India
Feb .26.2026
Embraer & Hindalco ink MoU to explore aerospace aluminum production in India
Taiwan’s Tang Eng ups stainless steel prices for Mar Taiwan’s Tang Eng ups stainless steel prices for Mar
Feb .26.2026
Taiwan’s Tang Eng ups stainless steel prices for Mar