Global steel production in September decreased by 1.6% y/y

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).