BO Types Filter
10.05.2026
Chinese Steel Coil Factory Supplies Hot-Rolled Ste...
10.05.2026
Low Price square Steel Billets 3SP 5SP Q235 Q195 Q...
10.05.2026
Q235 A105 A36 Hot Rolled Medium Mild Steel 12mm 3m...
10.05.2026
Hot Rolled 1.5mm to 100mm Thick JIS SS330 SS400 EN...
10.05.2026
Cheap Price Q235B S275JR EN10025 Mild Steel Sheet ...
10.05.2026
Factory Price 1mm 3mm 6mm 10mm 20mm Astm A36 Q235 ...
10.05.2026
Wholesale High Quality G235 Galvanized Steel Coil ...
08.05.2026
Pipes Seamless Steel Pipes Factory Price Sch 40 AP...
08.05.2026
Hot Rolled Galvanized Steel Strip - High Strength ...
Steel & Metal
- China -

EAF Steel Production Rises to 29.1% of Global Output in 2024

Electric arc furnace (EAF) steel production accounted for 29.1% of global steel output in 2024, up from 28.6% the previous year, according to the World Steel Association. Total global steel production reached 1.885 billion tons, with blast furnace steelmaking still dominant at 70.4% of the total, equating to 1.325 billion tons. EAF production contributed 548.4 million tons.

China remained the top steel producer, generating 1.005 billion tons, with the oxygen process making up 89.8% and EAF production limited to 10.2%. In contrast, the US produced 71.8% of its steel using EAFs, while countries such as India, Iran, and Egypt exceeded 50%, with some reaching full reliance on the method.

European Union steel production totaled 129.7 million tons, with EAF accounting for 44.4%, a slight decline from 44.8% in 2023. Italy recorded one of the highest EAF shares among developed nations at 89.3%.

The increasing use of EAFs reflects a broader industry push toward lower-emission steel production, as the method significantly reduces CO2 output. Analysts expect this trend to continue alongside global decarbonization efforts. Meanwhile, global steel exports rose by 3.3% to 449.2 million tons, with China maintaining its lead at 117.1 million tons.

Iron ore futures extend gains as China outlines stricter steel capacity controls

Baosteel Q3 net profit jumps 130% on demand recovery and resilient exports

LME proposes permanent curbs on large nearby positions amid depleted stocks, zinc squeeze

China lifts curbs on Hancock Prospecting’s MB fines purchases, easing iron ore trade friction

China’s CISA mills lift early‑October crude steel output 7.5%; inventories also climb

India’s steelmakers seek relief from import curbs as H1 met coke shortfall widens

China iron ore futures slip; Tangshan concentrate prices steady amid tight supply

Indonesia suspends all scrap metal imports after radioactive contamination detected

Serbia asks EU to exempt it from proposed new steel tariffs and quota cuts

U.S. judge signals approval of Rio Tinto’s $138.75 million Oyu Tolgoi investor settlement

Rio Tinto says strong Q4 needed to hit iron‑ore target after Q3 shipments of 84.3 mt; China demand firm

ArcelorMittal’s M&A chief in South Africa for talks on sale of local unit, sources say

EU plan to halve steel import quotas and double out‑of‑quota tariff to 50% raises Indian export risk

Copper tops $11,000/t on LME as supply disruptions and fund buying lift prices