Global steel production in January 2025 decreased by 4.4% compared to the same month in 2024, amounting to 151.4 million tons, according to the World Steel Association. The figure represents a 4.8% increase from the previous month.
In the CIS+Ukraine region, total steel production rose by 1.4% year-on-year and 2.9% month-on-month, reaching 7 million tons, including a 12.3% year-on-year and 11.7% month-on-month increase in Ukraine to 611 thousand tons.
The top ten steel-producing countries in January 2025 were:
- China: 81.9 million tons (-5.6% year-on-year)
- India: 13.6 million tons (+6.8%)
- Japan: 6.8 million tons (-6.6%)
- USA: 6.6 million tons (+1.2%)
- Russia: 6 million tons (-0.6%)
- South Korea: 5.2 million tons (-8.8%)
- Turkey: 3.2 million tons (-1.4%)
- Germany: 2.8 million tons (-8.8%)
- Brazil: 2.6 million tons (-4.5%)
- Iran: 2.2 million tons (-24.1%)
In 2024, global steel production decreased by 0.9% compared to 2023, totaling 1.839 billion tons. Ukraine produced 7.57 million tons of steel in 2024, an increase of 21.6% compared to the previous year.
