Poland increased steel production by 10.1% y/y in 2024

Polish steelmakers increased steel production by 10.1% in 2024 compared to 2023, from 6.4 million tons to 7.1 million tons. Thus, the country was ranked 25th in the global ranking of steel producing countries (71) by World Steel.

In 2024, Poland’s steel industry reversed the downward trend that had been going on since 2022, including

• 2020 – 7.86 million tons;
• 2021 – 8.45 million tons;
• 2022 – 7.41 million tons;
• 2023 – 6.43 million tons.

In 2020-2024, the steel industry in Poland was significantly affected by global and regional factors. The COVID-19 pandemic in 2020 led to a decline in steel demand and supply chain disruptions, but in 2021, the industry recovered rapidly amid growing construction and industrial production. The war in Ukraine, the imposition of sanctions against Russian steel products and the energy crisis in 2022 led to a drop in production due to rising costs and lower demand. In 2023, the situation was exacerbated by weak economic growth in the EU and declining investment in industry, but in 2024 the industry began to recover due to stabilizing markets, energy prices and increased domestic steel consumption.

Overall, steel production in the European Union increased by 2.6% in 2024 compared to 2023 to 129.5 million tons. Global steel production for the year amounted to 1.84 billion tons, down 0.9% year-on-year.

There are 6 steel mills in Poland, including ArcelorMittal Warszawa (0.75 million tons of steel per year), Celsa Huta Ostrowiec (0, 9 million tons per year), Huta Czestochowa (0.84 million tons per year), CMC Zawiercie (1.7 million tons per year), ArcelorMittal Dąbrowa Górnicza (5 million tons per year), and Ferrostal Labedy Gliwice (0.5 million tons per year).