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INDIA STEEL OUTPUT 2021

Key Findings of the Report:

  • Global production of stainless steel production was 1,950.5 MT in 2021, an increase of 3.7% compared to 1,880.4 MT in 2020.
  • According to the report, in 2021, Japan produced 96.3 MT of steel compared to 83.2 MT in 2020. 
  • United States exports were 86 MT compared to 72.7MT last year.

Production of Other Countries:

  • While Russia produces 76 MT of steel, South Korea produces 70.6 MT, Turkey 40.4 MT, Germany 40.1 MT, Brazil 36 MT, and Iran 28.5 MT in 2021.
  • At 1,950.5 MT, the top ten steel-producing countries jointly produced 1,624.8 MT rest came from other member states of steel producers.
  • India's crude production increased by about 18% to 118 million tons (MT) in 2021, while China's recorded a decline of 3% to 1 032.8 MT.

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