Global Steel Industry Insight

WORLDSTEEL 2013 INDUSTRY INSIGHT ECONOMIC VALUE 1606 Mt PRODUCTION 851 Mt Steel production has almost doubled from 2001 to 2013 - making it one of the most economically active commodities of recent times. 851 Megatonnes (Mt) of steel was produced worldwide in 2001, with 1606 Mt produced in 2013. 2001 2013 The steel industry provides employment to an estimated 50 million people across the world. 225KG 150KG STEEL USAGE The amount of steel used per capita has grown significantly between 2001 and 2013 - from 150kg per capita to 225kg per capita. 2001 2013 TOP 5 STEEL PRODUCING COUNTRIES RUSSIA 68.7 Mt JAPAN USA 110.6 Mt 86.9 Mt CHINA 779 Mt INDIA 81.2 Mt TOTAL WORLDWIDE PRODUCTION: 1606 Mt TOP 5 STEEL USING COUNTRIES JAPAN USA 65.3 Mt 95.6 Mt CHINA 700 Mt S.KOREA 51.6 Mt INDIA 73.7 мt TOTAL WORLDWIDE PRODUCTION: 1606 Mt SUSTAINABILITY INDUSTRY RECYCLING RATES Construction 85% Automotive 85% Machinery 90% Electrical & Appliances 50% Sources Infographic Credit http://www.worldsteel.org https://www.steel.org B&S STEEL