In late May 2022, key iron and steel enterprises produced 25.5119 million tons of crude steel, 22.5128 million tons of pig iron and 24.9286 million tons of steel.

GDP returns to pre-pandemic levels, up 1.9% q/q in the first quarter

Below is a ranking of the 50 top steel-producing companies. This list is updated in early June every year. An extended listing of top steel producers 2020/2021 is available from the PDF under the table.

Brazil produced 2.9 Mt, down 4.0%. Iran is estimated to have produced 2.2 Mt, down 20.7%.

US domestic raw steel production in the week ending on June 4, 2022 down 3.2 percent.

Offers were heard in a wide range between $1,150-1,300/st, with most in the $1,200/st range.

Japan's ferrous scrap exports continued to recover in April on sustained demand from South Korea.

The government has laid out a multi-pronged approach to help Zimbabwe’s mines scale up production as industry executives indicated that the scale of capital required to bolster operations was too huge for domestic lenders.