Crude Steel

China the lead crude steel producer from the past until now

Global crude steel production

The average global production of crude steel was around 1 billion 742 million tonne from 2012 to 2021. Global crude steel production reached 1 billion and 953 million tonne in 2021, up by 4% y/y.

China, India and Japan were among the global largest producers of crude steel in 2021. China took 53% of the global total share of crude steel production in 2020, with over 1 billion and 33 million tonnes. Crude steel is produced by two methods: melting in blast furnace (BOF) and steel production in oxygen converters and direct reduction of iron ore and direct reduced iron (DRI) in electric furnaces. China has produced over 90% of its crude steel through blast furnaces (BOF).

ata_khaliliChina the lead crude steel producer from the past until now
read more

Steel takes over the graphite electrode trade market

Trade of graphite electrodes

Graphite electrode is used in two sectors of electrical consumption and metal products, including silicon metals and steel, by the electric arc furnace (EAF) method, which considering the growth of related industries, including the aviation, electronics and packaging industry, the market of graphite electrodes is expected to experience an upward trend.

The global import and export volume of graphite electrodes was around 2.6Mt and 3.6Mt, respectively, in 2021 Iceland is the largest importer with an import share of 17% and China is the largest exporter of graphite electrodes with 65% of the market share.

ata_khaliliSteel takes over the graphite electrode trade market
read more