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World crude steel output sees first decline in seven years in 2022

Only India logs growth among the five largest producing countries

Global crude steel output slipped in 2022 to 1.87 billion tons, down 4.2% from the previous year.   © Reuters
Nikkei staff writers | India

TOKYO -- Global crude steel production fell for the first time in seven years in 2022 on the back of China's strict zero-COVID policy, the latest industry report shows.

According to the World Steel Association, global crude steel output slipped in 2022 to 1.87 billion tons, down 4.2% from the previous year.

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