Misc
Visualizing Raw Steel Production in 2023
See this visualization first on the Voronoi app.
Visualizing Raw Steel Production in 2023
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
Steel is essential for the economy due to its crucial role in infrastructure, construction, manufacturing, and transportation sectors.
This graphic breaks down the estimated global production of raw steel in 2023. The data was sourced from the U.S. Geological Survey as of January 2024.
China Produces More Than Half the World’s Steel
One major issue facing the steel industry is overcapacity in top producer China.
Steel production in China has surpassed demand in recent years, leading to downward pressure on the profit margins of steel mills worldwide.
Historically, China’s troubled real estate sector has accounted for over one-third of the country’s steel consumption. To address this issue, the Chinese government has mandated steel production cuts since 2021.
Far behind China, India is the second-biggest producer of steel, followed by Japan.
Country | Region | 2023 Production (million tonnes) |
---|---|---|
🇨🇳 China | Asia | 1,000 |
🇮🇳 India | Asia | 140 |
🇯🇵 Japan | Asia | 87 |
🇺🇸 U.S. | North America | 80 |
🇷🇺 Russia | Europe | 75 |
🇰🇷 S. Korea | Asia | 68 |
🌍 Rest of World | 420 | |
Total | 1,870 |
Infinite Recyclability
Steel is an alloy primarily composed of iron ore containing less than 2% carbon, 1% manganese, and other trace elements. It is 1,000 times stronger than iron and can be recycled over and over without sacrificing quality.
Steel is widely used in various industries. It is a fundamental material in construction, providing support through beams, internal structures, and roofing.
Moreover, steel’s corrosion-resistant properties make it ideal for water infrastructure. Stainless steel pipes are the preferred choice for underground water systems, ensuring longevity and purity in water transportation.
Additionally, most canned foods are stored in steel containers for preservation, as steel does not rust.
Misc
Charted: The End-of-Life Recycling Rates of Select Metals
End-of-life recycling rates measure the percentage of a material that is recovered at the end of its useful life, rather than being disposed of or incinerated.

Charted: The End-of-Life Recycling Rates of Select Metals
This was originally posted on our Voronoi app. Download the app for free on Apple or Android and discover incredible data-driven charts from a variety of trusted sources.
We visualize the end-of-life recycling rates (EOL-RR) of commonly used metals in the economy. Data is sourced from the International Energy Agency, last updated in 2021.
Tracking recycling rates helps manage resources better and make smarter policies, guiding efforts to cut down on waste.
Ranked: The End of Life Recycling Rates of Select Metals
Gold has an 86% recycling rate according to the latest available data. Per the Boston Consulting Group, one-third of total gold supply was met through recycling between 1995–2014.
Metal | End-of-life recycling rate (2021) | 🔍 Used In |
---|---|---|
Gold | 86% | 💍 Jewelry / Electronics |
Platinum/Palladium | 60% | 🔬 Optical fibers / Dental fillings |
Nickel | 60% | 🔋 Batteries / Turbine blades |
Silver | 50% | 💍 Jewelry / Mirrors |
Copper | 46% | 🔌 Electrical wiring / Industrial equipment |
Aluminum | 42% | ✈️ Aeroplane parts / Cans |
Chromium | 34% | 🍽️ Stainless steel / Leather tanning |
Zinc | 33% | 🔗 Galvanizing metal / Making rubber |
Cobalt | 32% | 🔋 Batteries / Turbine engines |
Lithium | 0.5% | 🔋 Batteries / Pacemakers |
REEs | 0.2% | 📱 Mobile phones / Hard drives |
Note: Figures are rounded.
Several factors can influence metal recycling rates. According to this International Resource Panel report, metals that are used in large quantities (steel) or have a high value (gold) tend to have higher recycling rates.
However, for materials used in small quantities in complex products (rare earth elements in electronics), recycling becomes far more challenging.
Finally, a metal’s EOL-RR is strongly influenced by the least efficient link in the recycling chain, which is typically how it’s initially collected.
Learn More on the Voronoi App 
If you enjoyed this post, check out Critical Materials: Where China, the EU, and the U.S. Overlap which shows how critical materials are classified within different jurisdictions.
Misc
Companies with the Most Fossil Fuel and Cement CO2 Emissions
Half of the world’s total fossil fuel and cement carbon dioxide emissions in 2023 came from just 36 companies.

Companies with the Most Fossil Fuel and Cement CO2 Emissions
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
Key Takeaways
- Half of the world’s fossil fuel and cement carbon dioxide emissions in 2023 came from just 36 entities, according to a report by the Carbon Majors Project
- If Saudi Aramco were a country, it would be the fourth-largest polluter in the world, after China, the U.S., and India.
- Five publicly traded oil companies—ExxonMobil, Chevron, Shell, TotalEnergies, and BP—together accounted for 5% of global carbon dioxide emissions from fossil fuels.
Chinese Companies Dominate the List
This graphic is based on Carbon Majors, a database of historical production data from 180 of the world’s largest oil, gas, coal, and cement producers representing 169 active and 11 inactive entities.
In 2023, the top 20 highest carbon-producing entities were responsible for 17.5 gigatonnes of carbon dioxide equivalent (GtCO₂e) in emissions, accounting for 40.8% of global fossil fuel and cement CO₂ emissions. The list is largely dominated by state-owned companies, with 16 of the top 20 being state-controlled. Notably, eight Chinese entities contributed to 17.3% of global fossil fuel and cement CO₂ emissions in 2023.
Entity | Total emissions (MtCO2e) | Global CO2 emissions (%) |
---|---|---|
1 | Saudi Aramco | 4.4% |
2 | Coal India | 3.7% |
3 | CHN Energy | 3.7% |
4 | Jinneng Group | 2.9% |
5 | Cement industry of China | 2.8% |
6 | National Iranian Oil Company | 2.8% |
7 | Gazprom | 2.3% |
8 | Rosneft | 1.9% |
9 | Shandong Energy | 1.7% |
10 | China National Coal Group | 1.7% |
11 | Abu Dhabi National Oil Company | 1.6% |
12 | CNPC | 1.6% |
13 | Shaanxi Coal and Chemical Industry Group | 1.6% |
14 | Iraq National Oil Company | 1.3% |
15 | Shanxi Coking Coal Group | 1.3% |
16 | ExxonMobil | 1.3% |
17 | Sonatrach | 1.2% |
18 | Chevron | 1.1% |
19 | Kuwait Petroleum Corp. | 1.0% |
20 | Petrobras | 1.0% |
21 | Shell | 0.9% |
22 | Pemex | 0.9% |
23 | TotalEnergies | 0.8% |
24 | QatarEnergy | 0.8% |
25 | Lukoil | 0.8% |
26 | BP | 0.8% |
27 | Glencore | 0.7% |
28 | China Huaneng Group | 0.7% |
29 | Luan Chemical Group | 0.7% |
30 | Equinor | 0.7% |
31 | Peabody Energy | 0.7% |
32 | Nigerian National Petroleum Corp. | 0.6% |
33 | CNOOC | 0.6% |
34 | ConocoPhillips | 0.6% |
35 | Eni | 0.6% |
36 | Petronas | 0.5% |
Coal continued to be the largest source of emissions in 2023, representing 41.1% of emissions in the database and continuing a steady upward trend since 2016. Coal emissions grew by 1.9% (258 megatonnes of carbon dioxide equivalent – MtCO₂e) from 2022, while cement saw the largest relative increase at 6.5% (82 MtCO₂e), driven by expanding production.
In contrast, natural gas emissions fell by 3.7% (164 MtCO₂e), and oil emissions remained stable with only a slight increase of 0.3% (73 MtCO₂e).
Learn More on the Voronoi App 
To learn more about this topic, check out this graphic that shows greenhouse gas emissions by sector in 2023, according to data was compiled by the United Nations. The power sector remains the largest emissions contributor.
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