Mining
Ranked: The World’s Biggest Steel Producers, by Country
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Ranked: The World’s Biggest Steel Producers, by Country
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Steel is a critical component of modern industry and economy, essential for the construction of buildings, automobiles, and many other appliances and infrastructure used in our daily lives.
This graphic uses data from the World Steel Association to visualize the world’s top steel-producing countries, and highlights China’s ascent to the top, as it now makes up more than half of the world’s steel production.
The State of Global Steel Production
Global steel production in 2022 reached 1,878 million tonnes, barely surpassing the pre-pandemic production of 1,875 million tonnes in 2019.
Country | 2022 Production (in million tonnes) | Annual Production Change | Global Share |
---|---|---|---|
🇨🇳 China | 1013.0 | -2.0% | 53.9% |
🇮🇳 India | 124.8 | 5.3% | 6.6% |
🇯🇵 Japan | 89.2 | -7.9% | 4.8% |
🇺🇸 United States | 80.5 | -6.5% | 4.3% |
🇷🇺 Russia | 71.5 | -5.8% | 3.8% |
🇰🇷 South Korea | 65.9 | -6.9% | 3.5% |
🇩🇪 Germany | 36.8 | -8.8% | 2.0% |
🇹🇷 Türkiye | 35.1 | -15.0% | 1.9% |
🇧🇷 Brazil | 34.0 | -6.5% | 1.8% |
🇮🇷 Iran | 30.6 | 6.8% | 1.6% |
🇮🇹 Italy | 21.6 | -13.0% | 1.1% |
🇹🇼 Taiwan | 20.7 | -12.1% | 1.1% |
🇻🇳 Vietnam | 20.0 | -15.0% | 1.1% |
🇲🇽 Mexico | 18.2 | -1.9% | 1.0% |
🇮🇩 Indonesia | 15.6 | 8.3% | 0.8% |
Rest of World | 201.0 | -11.2% | 10.7% |
World Total | 1878.5 | -3.9% | 100.0% |
2022’s steel production marked a significant reduction compared to the post-pandemic rebound of 1,960 million tonnes in 2021, with a year-over-year decline of 4.2%–the largest drop since 2009, and prior to that, 1991.
This decline was spread across many of the world’s top steel producers, with only three of the top fifteen countries, India, Iran, and Indonesia, increasing their yearly production. Most of the other top steel-producing countries saw annual production declines of more than 5%, with Turkey, Italy, Taiwan, and Vietnam’s production all declining by double digits.
Even the world’s top steel-producing nation, China, experienced a modest 2% decline, which due to the country’s large production amounted to a decline of 19.8 million tonnes, more than many other nations produce in a year.
Despite India, the world’s second-largest steel producer, increasing its production by 5.3%, the country’s output still amounts to just over one-tenth of the steel produced by China.
China’s Meteoric Rise in Steel Production
Although China dominates the world’s steel production with more than a 54% share today, this hasn’t always been the case.
In 1967, the World Steel Association’s first recorded year of steel production figures, China only produced an estimated 14 million tonnes, making up barely 3% of global output. At that time, the U.S. and the USSR were competing as the world’s top steel producers at 115 and 102 million tonnes respectively, followed by Japan at 62 million tonnes.
Almost three decades later in 1996, China had successively overtaken Russia, the U.S., and Japan to become the top steel-producing nation with 101 million tonnes of steel produced that year.
The early 2000s marked a period of rapid growth for China, with consistent double-digit percentage increases in steel production each year.
The Recent Decline in China’s Steel Production
Since the early 2000s, China’s average annual growth in steel production has slowed to 3.4% over the last decade (2013-2022), a considerable decline compared to the previous decade’s (2003-2012) 15.2% average annual growth rate.
The past couple of years have seen China’s steel production decline, with 2021 and 2022 marking the first time the country’s production fell for two consecutive years in a row.
While it’s unlikely China will relinquish its position as the top steel-producing nation anytime soon, it remains to be seen whether this recent decline marks the beginning of a new trend or just a brief deviation from the country’s consistent production growth.
Uranium
Charted: Global Uranium Reserves, by Country
We visualize the distribution of the world’s uranium reserves by country, with 3 countries accounting for more than half of total reserves.
Charted: Global Uranium Reserves, by Country
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
There can be a tendency to believe that uranium deposits are scarce from the critical role it plays in generating nuclear energy, along with all the costs and consequences related to the field.
But uranium is actually fairly plentiful: it’s more abundant than gold and silver, for example, and about as present as tin in the Earth’s crust.
We visualize the distribution of the world’s uranium resources by country, as of 2021. Figures come from the World Nuclear Association, last updated on August 2023.
Ranked: Uranium Reserves By Country (2021)
Australia, Kazakhstan, and Canada have the largest shares of available uranium resources—accounting for more than 50% of total global reserves.
But within these three, Australia is the clear standout, with more than 1.7 million tonnes of uranium discovered (28% of the world’s reserves) currently. Its Olympic Dam mine, located about 600 kilometers north of Adelaide, is the the largest single deposit of uranium in the world—and also, interestingly, the fourth largest copper deposit.
Despite this, Australia is only the fourth biggest uranium producer currently, and ranks fifth for all-time uranium production.
Country | Share of Global Reserves | Uranium Reserves (Tonnes) |
---|---|---|
🇦🇺 Australia | 28% | 1.7M |
🇰🇿 Kazakhstan | 13% | 815K |
🇨🇦 Canada | 10% | 589K |
🇷🇺 Russia | 8% | 481K |
🇳🇦 Namibia | 8% | 470K |
🇿🇦 South Africa | 5% | 321K |
🇧🇷 Brazil | 5% | 311K |
🇳🇪 Niger | 5% | 277K |
🇨🇳 China | 4% | 224K |
🇲🇳 Mongolia | 2% | 145K |
🇺🇿 Uzbekistan | 2% | 131K |
🇺🇦 Ukraine | 2% | 107K |
🌍 Rest of World | 9% | 524K |
Total | 100% | 6M |
Figures are rounded.
Outside the top three, Russia and Namibia both have roughly the same amount of uranium reserves: about 8% each, which works out to roughly 470,000 tonnes.
South Africa, Brazil, and Niger all have 5% each of the world’s total deposits as well.
China completes the top 10, with a 3% share of uranium reserves, or about 224,000 tonnes.
A caveat to this is that current data is based on known uranium reserves that are capable of being mined economically. The total amount of the world’s uranium is not known exactly—and new deposits can be found all the time. In fact the world’s known uranium reserves increased by about 25% in the last decade alone, thanks to better technology that improves exploration efforts.
Meanwhile, not all uranium deposits are equal. For example, in the aforementioned Olympic Dam, uranium is recovered as a byproduct of copper mining occurring at the same site. In South Africa, it emerges as a byproduct during treatment of ores in the gold mining process. Orebodies with high concentrations of two substances can increase margins, as costs can be shared for two different products.
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