January 28, 2020, According to World Steel Association (WSA),the international trade body for the iron and steel industry , India’s crude steel production increased to 111.2 million tonne (MT) in 2019, showing a 1.8 % hike over 2018 (109.3 MT).
India ranked 2nd in top 10 steel-producing countries as Asian steel producers leads as key drivers behind a 3.4 % surge in global crude steel output to 1 1,869.9 MT in 2019.
[su_table]
| Top 3 steel-producing countries | ||||
| Rank | Country | 2019 (Mt) | 2018 (Mt) | % Increase/ Decrease |
| 1 | Â China | 996.3 | 920.0 | 8.3 |
| 2 | Â India | 111.2 | 109.3 | 1.8 |
| 3 | Â Japan | 99.3 | 104.3 | -4.8 |
[/su_table]
Key Points:
i.China ranked 1st as the largest steel producer in 2019 at 996.3 MT, up by 8.3 % on 2018. Hence, China’s share of global crude steel production increased from 50.9%  in 2018 to 53.% in 2019. China was followed by India (2nd ), Japan (3rd), which produced 99.3 MT in 2019, a decrement of 4.8 % as against 2018.
ii.Except Asia and the Middle East nations,  all other regions during the calendar year 2019 witnessed a contraction in steel output. Asia’s output in 2019 is 1,341.6 MT of crude steel, an increase of 5.7 % as against 2018.While the Middle east produced 45.3 Mt of crude steel in 2019, an increase of 19.2% compared to 2018.
iii.Within Asia, India & China were the 2 nations which recorded improvement in steel production in 2019.
About World Steel Association (WSA):
Formation– 10 July 1967
Headquarters– Brussels, Belgium
Chairman– YU Yong
