Europe is the third largest steel producer in the world
Industry & EmploymentEuropean Union
- Omissions
- The speaker used 'Europe' without specifying whether this refers to the EU-27 or the broader European continent including non-EU countries (UK, Turkey, Russia, Ukraine, etc.). The ranking as third largest applies to the EU-27; a broader 'Europe' including those countries would rank second.
- The European Commission's website still states the EU is the 'second largest producer of steel in the world after China' with output of 'over 177 million tonnes,' reflecting older data. This contradiction is not acknowledged by the speaker.
- The margin between the EU and India is very small — approximately 3.6 million tonnes or 2.4% — meaning the ranking could easily shift between second and third from year to year.
- Sources
- PrimaryWorld Steel Association (worldsteel)2024 global crude steel production totals: China 1,005.1 Mt, India 149.6 Mt, Japan 84.0 Mt, United States 79.5 Mt.
- PrimaryEurofer (European Steel Association)The EU steel industry produces on average 146 million tonnes of steel per year. More than 500 steel production sites across 22 EU Member States.
- PrimaryEuropean Commission (DG GROW)Production - the EU is the second largest producer of steel in the world after China. Its output is over 177 million tonnes of steel a year, accounting for 11% of global output.