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Summary: China's steel production and consumption and iron ore imports

2023-06-12View Original

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On June 7, 2023, the World Steel Association released "World Steel Statistics 2023". Based on the comparison of steel production and consumption data in 2012 and 2022, the world's crude steel production increased from 1.563 billion tons to 1.885 billion tons, a ten-year increase of 322 million tons. From the regional data, China's crude steel production increased from 46.8% of the world's share to 54%. Looking at apparent steel consumption (finished steel) data, between 2012 and 2022, the world's total finished steel consumption increased from 1.445 billion tons to 1.781 billion tons, a ten-year increase of 336 million tons. Steel production and consumption by region in 2022: Total crude steel production in the world: 1.885 billion tons ; China's share: 54.0% ; Other Asia * * Proportion: 8.1% ; European Union (27 countries) share: 7.2% India’s share: 6.6% ; Proportion of other regions: 6.4% ; North America's share: 5.9% ; Japan's proportion: 4.7% ; Russia and other CIS * * +Ukraine's share: 4.6% ; Other Europe * * Proportion: 2.4% ; Other areas: Africa 1.1% ; South America 2.4% ; Middle East 2.7% ; Australia and New Zealand 0.3% ; Apparent steel consumption (finished steel) Total world consumption: 1.781 billion tons China’s share: 51.7% ; Other Asia * * Proportion: 9.5% ; European Union (27 countries) share: 8.0% of other regions: 7.9% ; North America's share: 7.7% ; India's share: 6.4% ; Japan's proportion: 3.1% ; Russia and other CIS * * +Ukraine's share: 3.0% ; Other Europe * * Proportion: 2.7% ; Other areas: Africa 2.3% ; South America 2.3% ; Middle East 2.9% ; Australia and New Zealand 0.4% ; Steel production and consumption by region in 2012: Total crude steel production in the world: 1.563 billion tons ; China's share: 46.8% ; European Union (27 countries) share: 10.2% North America: 7.8% ; Other Asia * * Proportion: 7.3% ; Russia and other CIS * * +Ukraine's share: 7.1% ; Japan's proportion: 6.9% ; Proportion of other regions: 6.0% ; India's share: 4.9% ; Other Europe * * Proportion: 3.2% ; Other areas: Africa 1.0% ; South America 3.0% ; Middle East 1.6% ; Australia and New Zealand 0.4% ; Apparent steel consumption (finished steel) Total world consumption: 1.445 billion tons China’s share: 45.7% ; Other Asia * * Proportion: 9.8% ; Proportion of other regions: 9.5% ; North America's share: 9.4% ; European Union (27 countries) share: 9.0% India’s share: 5.0% ; Japan's proportion: 4.4% ; Russia and other CIS * * +Ukraine's share: 4.1% ; Other Europe * * Proportion: 3.0% ; Other areas: Africa 2.3% ; South America 3.2% ; Middle East 3.5% ; Australia and New Zealand 0.5% ; China's iron ore imports are huge. Chinese steel companies rank first in the world in both crude steel production and consumption. However, at the same time, China's iron ore production is limited, which also makes China too dependent on imported iron ore. According to the 2021 world iron ore import production data, China's iron ore imports were 1,125.6 million tons, and China's total iron ore imports in 2022 were 1,107.8 million tons. In response to the problem of excessive dependence on iron ore imports, China has gradually improved and strengthened the security of iron ore resources. The establishment of the "Cornerstone Plan" and the "China Mineral Resources Group" are all manifestations of elevating iron ore to a strategic resource level. statement: This article comes from the World Steel Association and Steel Today, and the copyright belongs to the original author. Reprinted and released by Lanpeng Measurement and Control, please indicate the source for reprinting ; Reprinted for learning only * For the purpose of communication, if it inadvertently infringes upon your legitimate rights and interests, marks the wrong source, or causes infringement, please contact us to delete it. each * * The steel production lines are constantly being upgraded, and those who fall behind will be eliminated. Now there are many intelligent measuring instruments used in steel production lines, not only used by domestic steel, but also by foreign manufacturers. Reference article: Lanpeng Measurement and Control Software can leave me an online message to inquire or leave your contact information. I will reply and contact you after seeing it.

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