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    June 22, 2023

    Worldsteel: Global Production Sideways in May

    Written by David Schollaert

    Global steel production during the month of May was largely steady compared to the prior month, though down vs. the same year-ago period, according to the latest data from the World Steel Association (worldsteel).

    Worldsteel reports an estimated 161.6 million metric tons of crude steel was produced globally in May. This was an 0.1% increase from April’s estimated total of 161.4 million metric tons, but still 4.7% below May 2022.

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

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