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World Steel Association: Global Billet Reached 144.8 Million Tons in August

World Steel Association: Global Billet Reached 144.8 Million Tons in August

In August 2024, global billet across 71 countries tracked by the World Steel Association was 144.8 million tons, representing a 6.5% year-on-year decline.

Billet by Region

In August 2024, Africa’s crude steel production was 1.9 million tons, a year-on-year decrease of 7.2%; Asia and Oceania produced 107.1 million tons, down 8.0% year-on-year; the European Union (27 countries) produced 9.1 million tons, an increase of 2.2% year-on-year; other European countries produced 3.7 million tons, up 8.4%; the Middle East produced 3.4 million tons, a 3.2% decline year-on-year; North America produced 9 million tons, a decrease of 3.8% year-on-year; Russia, other CIS countries, and Ukraine produced 7 million tons, down 8.7%; South America produced 3.6 million tons, an increase of 0.8% year-on-year.

Regions and Countries:


  • Africa: Algeria, Egypt, Libya, Morocco, South Africa, Tunisia

  • Asia and Oceania: Australia, China, India, Japan, Mongolia, New Zealand, Pakistan, South Korea, Taiwan (China), Thailand, Vietnam

  • European Union (27 countries): Austria, Belgium, Bulgaria, Croatia, Czech Republic, Finland, France, Germany, Greece, Hungary, Italy, Luxembourg, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden

  • Other European countries: Macedonia, Norway, Serbia, Turkey, United Kingdom

  • Middle East: Bahrain, Iran, Iraq, Jordan, Kuwait, Oman, Qatar, Saudi Arabia, UAE, Yemen

  • North America: Canada, Cuba, El Salvador, Guatemala, Mexico, USA

  • Russia and other CIS countries + Ukraine: Belarus, Kazakhstan, Russia, Ukraine

  • South America: Argentina, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay, Venezuela


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Top 10 Countries by Billet


  • China: 77.92 million tons, a year-on-year decrease of 10.4%

  • India: 12.3 million tons, up 2.6% year-on-year

  • Japan: 6.9 million tons, down 3.9% year-on-year

  • USA: 7 million tons, an increase of 0.7% year-on-year

  • Russia (estimated): 5.8 million tons, down 11.5% year-on-year

  • South Korea: 5.5 million tons, down 2.2% year-on-year

  • Germany: 2.9 million tons, down 0.5% year-on-year

  • Turkey: 3.1 million tons, up 13.8% year-on-year

  • Brazil: 3 million tons, up 7.3% year-on-year

  • Iran: 1.4 million tons, down 9.9% year-on-year


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