2022 GLOBAL CRUDE STEEL PRODUCTION TOTALS

TOTAL WORLD CRUDE STEEL PRODUCTION WAS e – annual figure estimated using partial data or non-worldsteel resources. * The world total production figure in this table includes estimates of other countries that only report annually.

World Steel in Figures 2023 now available

As urban transport inexorably shifts towards more sustainable models, the global electric bike (eBike) market is only set to grow.

In 2023, it is estimated that more than 40 million eBikes will be purchased, as more and more cyclists begin to choose electrically powered bicycles. This grow- ing access to eBikes, expected to hit 77 million by 2030, is being driven the desire for smart mobility solutions.

EBikes are no longer novelty items, held back by clumsy, cumbersome designs and limited range. Lighter, high-tech models with growing battery power and range are increasingly meeting the transport needs of everyone from office commuters to hardcore cycling enthusiasts.Battery tech is also a key driver of eBike uptake. These are relatively cheap to manufacture and recharge quickly, taking three hours on average, meaning a high-quality and simple-to-use electric bicycle can be purchased for around $1,000.