News Global Market steel production 1997 23 October 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 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.
Total steel production in the CIS+Ukraine decreased by 5.3% y/y and 7.5% m/m – to 6.2 million tons over the month, while in Ukraine it increased by 0.2% y/y and fell by 5.9% m/m – to 611 thousand tons.
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. In the CIS+Ukraine region, the figure decreased by 5.1% y/y – to 61.3 million tons. Ukraine produced 5.52 million tons of steel in 9 months, down 6.1% y/y.
As GMK Center reported earlier, 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.
Last year, Ukraine produced 7.57 million tons of steel, up 21.6% compared to 2023. In December, the production volume amounted to 547 thousand tons (+5.1% y/y; +1.1% m/m).
