Further Information


Dipl.-Ing. oec.
Gabriela Stramka


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International Steel Markets

World crude steel production by region

After China, the EU is the world’s second-largest steel producer. The five largest steel regions represent about 80% of global steel production.

World Production 1970/2019

In quantity terms, steel is by far the most important material of all the substitutes listed opposite, and has actually gained in importance during the last 30 years. This is despite the fact that technical progress has led to a fall in the relative steel content of steel-containing goods, representing extraordinary performance in the competition with substitutes. The steel industry has developed from a supplier of an input material to a partner of many steel processors, and a supplier of high-tech products and tailor-made components.