Steel production in Russia in October 2023 increased by 9.5% year-on-year to 6.3 million tons in October 2022, according to a report by the World Steel Association.

China produced 79.1 million tons in October, which is 1.8% less than in October 2022, India produced 12.1 million tons (up by 15.1%).

Steel output in Japan in October increased by 2.6% (to 7.5 million tons), and also increased in the United States – by 3.4% (to 6.8 million tons).

At the same time, amid the industry meltdown EU countries produced 10.6 million tons of steel, down 7.1% from a year earlier.

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