Steel production and scrap consumption leading markets 2024

Published by Statista Research Department, Mar 12, 2025

Between January and June 2024, roughly 804.77 million metric tons of steel were produced in only seven regions, with China producing the majority at 530.6 million tons of steel. Moreover, China’s steel scrap consumption was 122.5 million metric tons. 

Steel production and scrap consumption in leading markets between January and June 2024 (in million metric tons)

CharacteristicSteel productionScrap consumption
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Showing entries 1 to 7 (7 entries in total)
Statistic: Steel production and scrap consumption in leading markets between January and June 2024 (in million metric tons)

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Release date

2023

Region

Worldwide

Survey time period

January to June 2024

Supplementary notes

The values have been rounded.

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