India Bypasses Japan to Become Second Largest Steel Producer of Crude Steel
- India has replaced Japan to become the second largest steel producer of crude steel in the world in the year 2018 and 2019, as per the data by World Steel Association.
- China was the top producer country while Japan ranks third globally.
- As per the data, India’s crude steel production in 2018 was at 109.3 million tonnes, up by 7.7 percent from 101.5 million tonnes in 2017. Similarly, in 2019, the production went up to 111.2 million tonnes.
- On the other hand, Japan’s crude oil production was 104.3 million tonnes in 2018 and 99.3 million tonnes in 2019.
Top 5 Crude steel producers in the world for 2018, 2019
Rank 2018 | Country | Qty (mt) | Rank 2019 | Country | Qty (mt) |
1 | China | 920.0 | 1 | China | 996.3 |
2 | India | 109.3 | 2 | India | 111.2 |
3 | Japan | 104.3 | 3 | Japan | 99.3 |
4 | USA | 86.6 | 4 | USA | 87.9 |
5 | South Korea | 72.5 | 5 | Russia | 71.6 |