FACT BOOK 2021
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World Steel Industry
Apparent Consumption of Finished Steel Products
(million tons, %)
| Region and Country | 2018 | 2019 | 2020 | 2021 (Estimate) |
Growth rate 2021/2020 (E) |
|---|---|---|---|---|---|
| Asia | 1,173.5 | 1,251.8 | 1,296.6 | 1,357.8 | 4.7 |
| Japan | 65.4 | 63.2 | 52.6 | 56.0 | 6.5 |
| China | 836.1 | 911.9 | 995.0 | 1,024.9 | 3.0 |
| South Korea | 53.7 | 53.2 | 49.0 | 51.5 | 5.2 |
| Taiwan | 17.8 | 17.6 | 18.5 | － | － |
| India | 96.7 | 102.6 | 88.5 | 106.1 | 19.8 |
| EU-28 | 167.7 | 158.6 | 140.6 | 154.9 | 10.2 |
| Other Western Europe | 37.5 | 32.9 | 36.0 | 42.3 | 17.4 |
| C.I.S. | 55.5 | 58.3 | 58.2 | 60.2 | 3.4 |
| North America | 139.9 | 135.2 | 114.0 | 122.6 | 7.6 |
| U.S.A. | 99.8 | 97.6 | 80.0 | 86.5 | 8.1 |
| Canada | 14.1 | 13.0 | 12.2 | 12.8 | 4.8 |
| Mexico | 26.0 | 24.6 | 21.7 | 23.4 | 7.5 |
| Central & South America | 42.9 | 41.9 | 38.6 | 42.7 | 10.6 |
| Argentina | 4.8 | 3.9 | 3.6 | － | － |
| Brazil | 21.2 | 21.0 | 21.2 | 22.4 | 5.8 |
| Africa | 36.6 | 39.3 | 35.6 | 38.6 | 8.3 |
| Middle East | 51.3 | 50.3 | 46.0 | 48.5 | 5.4 |
| Total | 1,711.6 | 1,775.1 | 1,771.8 | 1,874.0 | 5.8 |
| (cf. Apparent crude steel consumption) | 1,835.9 | 1,896.8 | 1,886.7 | － | － |
Source: worldsteel Short Range Outlook, April 2021
Note: Apparent consumption is total shipments minus exports plus imports.