Global steel production recorded a dip of 2.2 per cent at 934.3 million tonnes (mt) in the first half of current year, with a 3 per cent drop in Chinese output being mainly responsible for the fall. During the January-June period, only India showed a major uptrend in the steel production at 80.9 mt, up 9.2 per cent.
According to a release by World Steel Association, China, the top producer, had an output of 514.8 mt. Meanwhile, Japan’s output nosedived by 5 per cent at 40.6 mt while the US recorded a slight growth of 0.8 per cent at 40.2 mt in the same period. Russia and other CIS nations’ production reached 34.8 mt, down 5.4 per cent. South Korea recorded a dip of 2.8 per cent at 30.6 in the steel production and for Germany it was 17.1 mt, down 11.6 per cent.
June output down 6%
In June alone, global steel production was down 5.8 per cent at 151.4 mt against 161.4 mt in June 2024. China led the chart by 83.2 mt steel production, down 9.2 per cent, whereas India produced 13.6 mt, an increase of 13.3 per cent. The US recorded a growth of 4.6 per cent at 6.9 mt and Russia had a 7.4 per cent dip in the output at 5.6 mt.
Region wise, Africa saw its output grow by 3 per cent at 1.7 mt in June. Asia and Oceania’s steel production went north by 6.2 per cent, while EU also suffered a dip of 8.2 per cent at 10.4 mt. The West Asia region’s production was at 4.3 mt, a decrease of 4.9 per cent. North America’s steel output reached 8.7 mt, up 1.2 per cent. Russia & other CIS nations produced 6.7 mt, down 8.8 per cent while South America had a growth of 1.3 per cent at 3.5 mt.
In May, the global steel production was down 1.3 per cent.
Published on July 31, 2025