World produces 1.05 billion tons of steel in 2004

Brussels— Figures released in January 2005 by the International Iron and Steel Institute (IISI) show that world crude steel production stood at 1.05 billion metric tons in 2004. This represents a worldwide increase in production of 8.8% compared to 2003. Excluding China, world production rose by 4.5% in 2004.

China is again the largest producer of crude steel. According to the most recent figures available to IISI, China produced 272.5 mmt of crude steel in 2004, an increase of 23.2% compared to 2003. China accounted for 25.8% of all crude steel produced in the world in 2004.

The table below shows the top ten crude steel producing countries in 2004 and the change compared to 2003.

Turkey was the 12th largest producer of crude steel in 2004 with production of 20.5 mmt. This is an increase of 11.9% compared to 2003. Iran (8.7 mmt, up 10.3%), Kazakhstan (5.4 mmt, up 9.9%), and Thailand (4.5 mmt, up 26.0%) all showed a strong increase in percentage terms in 2004.

Crude steel production in the Asian region stood at 499.3 mmt in 2004, an increase of 13.2% in 2004. Excluding China, production in the region grew by 3.0%.

Crude steel production grew in all other regions except for Oceania. Production in Oceania fell by 1.4% in 2004.

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