News Global Market steel production 5884 23 January 2026
In December, this indicator decreased by 3.7% on an annualised basis
Global steel production in 2025 decreased by 2% year-on-year – to 1.8 billion tonnes. This is evidenced by the World Steel Association’s global ranking of steel-producing countries (70).
Total steel production in the CIS countries + Ukraine fell by 4.4% year-on-year – to 81.3 million tonnes in 2025, with Ukraine’s production falling by 2.2% year-on-year – to 7.41 million tonnes.
According to World Steel, the top ten steel-producing countries last year were:
- China – 960.8 million tonnes (-4.4% y/y);
- India – 164.9 million tonnes (+10.4%);
- USA – 82 million tonnes (+3.1%);
- Japan – 80.7 million tonnes (-4%);
- Russia – 67.8 million tonnes (-4.5%);
- South Korea – 61.9 million tonnes (-2.8%);
- Turkey – 38.1 million tonnes (+3.3%);
- Germany – 34.1 million tonnes (-8.6%);
- Brazil – 33.3 million tonnes (-1.6%);
- Iran – 31.8 million tonnes (+1.4%).
In December last year, global steel production fell by 3.7% compared to the same period in 2024, to 139.6 million tonnes. In the CIS countries and Ukraine, it decreased by 2.7% year-on-year, to 6.9 million tonnes.
As reported by GMK Center, global steel production in 2024 decreased by 0.9% compared to 2023, to 1.839 billion tonnes. In December 2024, the figure was 144.5 million tonnes, which is 5.6% more than in December 2023 and 1.6% less than in the previous month.
