According to incomplete statistics, 2021 global new steel production capacity (excluding China) nearly 90 million tons mainly concentrated in Asia, Europe, including new long steel capacity of 14.4 million tons , new plate capacity of 14.02 million tons, new crude steel production capacity of about 53.27 million tons, new semi-finished steel production capacity of 7.27 million tons.
In 2021, Asia’s new production capacity was created by Vietnam, Indonesia, India are as follows: crude steel production capacity of 10.02 million tons; long steel production capacity of 650,000 tons; plate production capacity of 8.03 million tons; semi-finished products production capacity of 4.5 million tons. The total new 23.2 million tons.
New production capacity of the CIS in 2021 as follows: crude steel capacity of 1.3 million tons; plate capacity of 450,000 tons. The total new capacity is 1.75 million tons.
In 2021, new production capacity in the Americas is distributed in Brazil, the United States and Mexico as follows: crude steel capacity of 420,000 tons; plate capacity of 3.25 million tons. The total new 3.67 million tons.
Europe steel capacity in 2021 added 43.35 million tons, with a new crude steel capacity of about 15 million tons per year; new plate capacity is about 14 million tons per year.
In 2021, new capacity of the Middle East was about 8.27 million, mostly from Iran, Iraq and Syria, including about 6.41 million tons of crude steel capacity; about 1.46 million tons of long products capacity and about 0.4 million tons of semi-finished products capacity.
The new capacity in Africa was about 6 million tons in 2021.
According to the current global steel plant plans of various countries, the world will add about 200 million tons of capacity in 2024-2026.
