Steel is the world’s most important engineering and construction material. It is used in every aspect of our lives; in cars and construction products, refrigerators and washing machines, cargo ships and surgical scalpels. It can be recycled over and over again without loss of property.
More details relating to the data above is available from our Steel Statistical Yearbook.Most steel products remain in use for decades before they can be recycled. Therefore, there is not enough recycled steel to meet growing demand using the EAF steelmaking method alone. Demand is met through the combined use of the BF-BOF and EAF production methods. All of these production methods can use recycled steel scrap as an input. Most new steel contains recycled steel.
Check out our publication World Steel in Figures for more information.
World crude steel production reached 1,950.5 million tonnes (Mt) for the year 2021. Our press releases contain the most up to date recent information relating to steel production.
Smart manufacturing does not just mean having a smart factory. It is a significant transformation in the way we source raw materials, manufacture, and market our products through horizontal and vertical supply chain integration. It is a profoundly customer-focused concept.This change is not a one-step process as there are obvious challenges of trust and data security to overcome between diverse parties in the supply chain. There are a number of examples of early adopters within the steel industry; especially in vertical integration within business segments where building blocks of smart factories are being put together.
worldsteel updates the list of steel-producing countries in the annual World Steel in Figures publication which is issued in early June. The list may be subject to further revisions in the Steel Statistical Yearbook which is issued in November/December.
Every month worldsteel produces country steel production statistics for the current and previous year via the Steel Data Viewer.