World steel production serves as a critical economic indicator, reflecting global industrial activity and infrastructure development. Factors influencing this production include economic growth rates, construction activity, manufacturing demand, trade policies, and increasingly, environmental regulations aimed at reducing the carbon-intensive industry's emissions.
The latest estimates indicate that world crude steel production for the 69 countries reporting to the World Steel Association (worldsteel) was 151.4 million tonnes (Mt) in January 2025, a 4.4% decrease compared to January 2024.
Africa produced 1.9 Mt in January 2025, down 3.5% on January 2024. Asia and Oceania produced 112.3 Mt, down 4.5%. The EU (27) produced 10.3 Mt, down 3.3%. Europe, Other produced 3.5 Mt, down 6.8%. The Middle East produced 4.2 Mt, down 15.3%. North America produced 9.0 Mt, down 0.5%. Russia & other CIS plus Ukraine produced 7.0 Mt, up 1.4%. South America produced 3.2 Mt, down 9.8%.
In 2024, global crude steel production amounted to 1883 million tonnes of which some 1005 mt (~53% of the world total) was produced in China (source: World Steel Association).
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The World Steel Association (also known as worldsteel) is a non-profit organisation with headquarters in Brussels, Belgium. A second office in Beijing, China, opened in April 2006.
The Association has members in every major steel-producing country/ It represents steel producers, national and regional steel industry associations, and steel research institutes. Members represent around 85% of global steel output.
The WSA was founded as the International Iron and Steel Institute (IISI) in July 1967. It changed its name to the World Steel Association in October 2008. The Association celebrated its 50th year anniversary in 2017.
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