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Austria’s Steel Output in 2023: A 6% Decline from 2022 Levels

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In November 2023, Austria’s steel companies produced 560 thousand tonnes of steel, a 2.9% decrease from the previous month. Statistics from the World Steel Association support this.

In November 2023, Austrian steelmakers produced 0.5% more steel than they did in November 2022.

Austria’s produced 6.53 million tonnes of steel between January and November of this year, 6% less than it did in 2022.

The average monthly output of steel in Austria from January to November was 593.45 thousand tonnes; in 2022, that same amount was 631.1 thousand tonnes (-5.96% y/y).

Austria has five steel plants: 2 blast furnace type (BF & BOF) in Donavwitz (annual capacity: 1.37 million tonnes of steel) and Linz (4.34 million tons/year); three electric arc (EAF) plants: Graz (365,000 t/year), Kapfenberg (180,000 t/year) and Metterdorf (300,000 t/year).

Austrian steel producers decreased their output of steel to 7.51 million tonnes in 2022, a 4.7% decrease from 2021. 560 thousand tonnes of steel were produced in December 2022, a decrease of 0.5% m/m and 13.8% y/y.

Overall, the EU countries produced 10.6 million tonnes of steel in November 2023, 3.2% more than in the same month the previous year. The European Union produced 117.6 million tonnes of steel in January–November 2023, a 7.8% year-on-year decrease.

European steel producers decreased their output of steel to 136.7 million tonnes in 2022, down 10.5% from 2021, as previously reported by Shree Metal Prices. Global steel output decreased to 1.831 billion tonnes last year, a 4.3% year-over-year decline.

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