Aug 29, 2026Market News
Global Steel Production Drops 1.6% in September 2025
Steel production in 70 producing countries amounted to 141.8 million tons in the month Global steel production in September 2025 decreased by 1.6% compared to the same month in 2024 to 141.8 million
Steel production in 70 producing countries amounted to 141.8 million tons in the month Global steel production in September 2025 decreased by 1.6% compared to the same month in 2024 to 141.8 million tons. The figure decreased by 2.4% compared to the previous month. This is evidenced by the global ranking of steel-producing countries (70) by the World Steel Association.
The top ten steel-producing countries in September, according to World Steel, were: China – 73.5 million tons (-4.6% yoy); India – 13.6 million tons (+13.2%); USA – 6.9 million tons (+6.7%); Japan – 6.4 million tons (-3.7%); Russia – 5.2 million tons (-3.8%); South Korea – 5.0 million tons (-2.4%); Turkey – 3.2 million tons (+3.3%); Germany – 3.0 million tons (-0.6%).
Brazil – 2.8 million tons (-3.2%); Iran – 2.3 million tons (+6%). In January-September, global steel production decreased by 1.6% y/y – to 1.374 billion tons. Global steel production in 2024 decreased by 0.9% compared to 2023 to 1.839 billion tons. In December 2024, the figure amounted to 144.5 million tons, up 5.6% compared to December 2023 and down 1.6% month-on-month.
