Aug 29, 2026Market News
Global Steel Production Drops 0.3% in August 2025
Steel production in 70 producing countries amounted to 145.3 million tons for the month Global steel production in August 2025 fell by 0.3% compared to the same month in 2024, to 145.3 million tons.
Steel production in 70 producing countries amounted to 145.3 million tons for the month Global steel production in August 2025 fell by 0.3% compared to the same month in 2024, to 145.3 million tons. Compared to the previous month, the figure decreased by 3.2%. This is evidenced by the global ranking of steel-producing countries by the World Steel Association.
According to World Steel, the top ten steel-producing countries in August were: China – 77.4 million tons (-0.7% y/y); India – 14.1 million tons (+13.2%); USA – 7.2 million tons (+3.2%); Japan – 6.6 million tons (-3.4%); Russia – 5.5 million tons (-4.6%); South Korea – 5.2 million tons (-6.1%); Turkey – 3.4 million tons (+7.9%); Brazil – 2.9 million tons (-4.6%).
Germany – 2.6 million tons (-10.5%); Iran – 1.6 million tons (+17.9%). In January-August, global steel production decreased by 1.7% y-o-y to 1.231 billion tons. In the CIS+Ukraine region, the figure decreased by 5.1% y-o-y to 55.1 million tons. Global steel production decreased by 0.9% in 2024 compared to 2023, to 1.839 billion tons.
In December 2024, the figure was 144.5 million tons, which is 5.6% more than in December 2023 and 1.6% less than in the previous month.
