Taiwan
Taiwan made 18.9 million tons of steel in 2023. It struggles with volatile markets and global political tensions. As a major steel-producing nation, Taiwan’s factories benefit from using technology and being efficient.
However, unstable demand and trade worries – made worse for export-focused economies like Taiwan – slow things down. Significant efforts like expanding products and finding new markets could be vital to managing risks and continuing growth for Taiwan’s steel industry amid shifting conditions.
World’s Biggest Steel-Producing Countries
Major Steel-Producing Nations: China is the biggest crude steel producer in the world. Steel production is at the core of the modern world economy, and several countries play a key role in meeting the world’s demand of this indispensable good. From building infrastructure to producing and transporting, steel is a key factor in the industrial chain around the world.
Knowing the dynamics of steel production in the major steel-producing nations would help provide a better grasp of the economic growth status, technologies and market in these nations and worldwide.
Table of Content
- 1. China
- 2. India
- 3. Japan
- 4. United States
- 5. Russia
- 6. South Korea
- 7. Germany
- 8. Turkey
- 9. Brazil
- 10. Iran
- 11. Italy
- 12. Vietnam
- 13. Taiwan
- 14. Mexico
- 15. Indonesia