numerous sectors of construction and engineering.
In 2022, the global steel demand amounted to roughly 1.8 billion metric tons, representing a three percent decrease compared to the previous year. This figure was projected to grow by two percent in 2023 and 2024. In 2024, the demand for finished steel products was forecast to reach just under 1.9 billion metric tons. Steel plays a crucial role in Projected crude steel demand worldwide from 2019 to 2021, with forecasts for 2022 and 2023 (in million metric tons)
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Other statistics that may interest you Steel industry worldwide
Overview
6
- Basic Statistic Crude steel production worldwide 2012-2022
- Basic Statistic Stainless steel melt shop production worldwide 2005-2022
- Premium Statistic Monthly Report: Top 5 steel-producing countries worldwide 2020-2023
- Premium Statistic Share of crude steel production in major producing countries and regions 2022
- Premium Statistic Projected crude steel consumption worldwide 2019-2023
- Basic Statistic Projected steel demand worldwide by region 2022-2024
Trade
6
- Premium Statistic World leading steel exporters by country in 2022
- Premium Statistic Global stainless steel exports by region 2022
- Premium Statistic Leading steel importers globally by country 2022
- Premium Statistic Trade balance of steel by region 2022
- Premium Statistic Global stainless steel imports by region 2022
- Premium Statistic Share of stainless steel products in international trade 2022
Segments
4
Companies
7
- Basic Statistic Largest steel producers worldwide based on production volume 2022
- Premium Statistic Sales revenue of the world's largest steel companies 2023
- Basic Statistic Sales revenue of ArcelorMittal 2006-2023
- Premium Statistic POSCO consolidated revenue 2014-2022
- Premium Statistic Nippon Steel's revenue FY 2013-2022
- Premium Statistic Revenue of Baowu Steel Group in China 2014-2022
- Premium Statistic Global steel industry - Nucor Corporation's revenue 2006-2022
Special focus on steel scrap
6
- Premium Statistic Use of steel scrap in leading markets 2018-2022
- Premium Statistic World's major steel scrap exporting markets based on volume 2022
- Premium Statistic World's major steel scrap importing markets 2022
- Premium Statistic Global stainless steel scrap exports by region 2022
- Premium Statistic Global stainless steel scrap imports by region 2022
- Premium Statistic Scrap purchases leading markets 2014-2022
Further related statistics
18
- Demand for finished steel products worldwide 2015-2021
- Iron and steel scrap: reported consumption in the U.S. 2006-2023
- Consumption volume of finished steel India 2016-2022
- Apparent use of finished steel products in the Middle East 2010-2022
- Americas' steel building domestic production and consumption 2016, with 2025 forecast
- Americas' steel building consumption share by select country 2016
- Steel consumption in the NAFTA region 2012-2017
- Finished steel products in the Middle East 2022, by select country
- Global molybdenum use by region 2016
- World lead consumption 2004-2020
- Refined aluminum consumption in the United States 2005-2021
- Global refined aluminum consumption 2015-2021, by region
- Refined aluminum consumption in Canada 2005-2021
- Worldwide distribution of molybdenum consumption by end use 2016
- Macadamia consumption per capita in Lebanon 2012 - 2016
- Drinking water consumption per capita per day France in 2008-2013
- U.S. primary metals manufacturing: male & female employees 2014
- Production volume of aluminum tubes and hollow bars South Korea 2010-2021
Further Content: You might find this interesting as well
Statistics
- Demand for finished steel products worldwide 2015-2021
- Iron and steel scrap: reported consumption in the U.S. 2006-2023
- Consumption volume of finished steel India 2016-2022
- Apparent use of finished steel products in the Middle East 2010-2022
- Americas' steel building domestic production and consumption 2016, with 2025 forecast
- Americas' steel building consumption share by select country 2016
- Steel consumption in the NAFTA region 2012-2017
- Finished steel products in the Middle East 2022, by select country
- Global molybdenum use by region 2016
- World lead consumption 2004-2020
- Refined aluminum consumption in the United States 2005-2021
- Global refined aluminum consumption 2015-2021, by region
- Refined aluminum consumption in Canada 2005-2021
- Worldwide distribution of molybdenum consumption by end use 2016
- Macadamia consumption per capita in Lebanon 2012 - 2016
- Drinking water consumption per capita per day France in 2008-2013
- U.S. primary metals manufacturing: male & female employees 2014
- Production volume of aluminum tubes and hollow bars South Korea 2010-2021
World Steel Association. (October 17, 2023). Projected crude steel demand worldwide from 2019 to 2021, with forecasts for 2022 and 2023 (in million metric tons) [Graph]. In Statista. Retrieved June 01, 2024, from https://www.statista.com/statistics/216525/global-demand-for-steel/
World Steel Association. "Projected crude steel demand worldwide from 2019 to 2021, with forecasts for 2022 and 2023 (in million metric tons)." Chart. October 17, 2023. Statista. Accessed June 01, 2024. https://www.statista.com/statistics/216525/global-demand-for-steel/
World Steel Association. (2023). Projected crude steel demand worldwide from 2019 to 2021, with forecasts for 2022 and 2023 (in million metric tons). Statista. Statista Inc.. Accessed: June 01, 2024. https://www.statista.com/statistics/216525/global-demand-for-steel/
World Steel Association. "Projected Crude Steel Demand Worldwide from 2019 to 2021, with Forecasts for 2022 and 2023 (in Million Metric Tons)." Statista, Statista Inc., 17 Oct 2023, https://www.statista.com/statistics/216525/global-demand-for-steel/
World Steel Association, Projected crude steel demand worldwide from 2019 to 2021, with forecasts for 2022 and 2023 (in million metric tons) Statista, https://www.statista.com/statistics/216525/global-demand-for-steel/ (last visited June 01, 2024)
Projected crude steel demand worldwide from 2019 to 2021, with forecasts for 2022 and 2023 (in million metric tons) [Graph], World Steel Association, October 17, 2023. [Online]. Available: https://www.statista.com/statistics/216525/global-demand-for-steel/