This graphic shows China's dominance of the global steel industry

Global steel production has surged over the past 70 years, lifting from 189 million tonnes in 1950 to 1.689 billion tonnes last year, an increase of nearly 800%.

Here, look.


From the World Steel Association (worldsteel), it shows growth in global crude steel production over the past seven decades.

As for the driving force behind the global surge, it largely reflects the influence of just one country: China.

This next graphic from worldsteel shows the level of crude steel output in 2017 by individual nation.


China, at 831.7 million tonnes, produced nearly as much steel as the rest of the world combined.

To put China’s figure into perspective, it was eight times larger than Japan, the world’s number two producer.

India, in third spot with 101.4 million tonnes produced, looks set to surpass Japan in the not-too-distant-future as the nation continues to modernise.

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.