Global steel production fell by 6.3% m/m in April

Global steel production in April 2025 fell by 6.3% compared to the previous month to 155.7 million tons. Compared to the same month in 2024, the figure decreased by 0.3%. This is evidenced by the global ranking of steel producing countries (69) by the World Steel Association.

Total steel production in the CIS+Ukraine decreased by 3.4% y/y and 2.8% m/m – to 6.9 million tons over the month, including a 3.2% y/y decrease in Ukraine and a 25.7% m/m increase – to 691.9 thousand tons.

The top ten steel-producing countries in April, according to World Steel, were:

• China – 86 million tons (+0% y/y);
• India – 12.9 million tons (+5.6%);
• Japan – 6.6 million tons (-6.4%);
• USA – 6.6 million tons (-0.3%);
• Russia – 5.8 mln tons (-5.1%);
• South Korea – 5 million tons (-2.5%);
• Iran – 3.3 million tons (+4.6%);
• Turkey – 3 million tons (+7%);
• Germany – 3 million tons (-10.1%);
• Brazil – 2.6 million tons (-3.1%).

In January-April, global steel production decreased by 0.4% y/y – to 624.4 million tons. In the CIS+Ukraine region, the figure decreased by 3.4% y/y – to 27.3 million tons. Ukraine produced 2.42 million tons of steel in four months, up 1% y/y.

As GMK Center reported earlier, in 2024, global steel production 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).