In August this year, Ukrainian metallurgical companies reduced steel production by 6.1% compared to the same period last year, from 691,000 tons to 649,000 tons, but increased it by 11.7% compared to the previous month (581,000 tons).
In the ranking of global producers of this product, compiled by the World Steel Association (Worldsteel), Ukraine ranked 21st among 70 countries.
According to Worldsteel, in August 2025, there was a decline in steel production compared to August 2024 in most of the top ten countries, except for India, the US, Turkey, and Vietnam.
The top ten steel-producing countries in August were as follows: China – 77.370 million tons (down 0.7% from August 2024), India – 14.087 million tons (up 13.2%), the US – 7.156 million tons (+3.2%), Japan – 6.636 million tons (-3.4%), Russia – 5.5 million tons (-4.6%), South Korea – 5.177 million tons (-6.1%), Turkey – 3.394 million tons (+7.9%), Brazil – 2.866 million tons (-4.6%), Germany – 2.577 million tons (-10.5%), and Vietnam – 2.040 million tons (+13.8%).
In total, steel production in August this year increased by 0.3% compared to the same period last year, to 145.288 million tons.
Based on the results of the first eight months of this year, the top ten steel-producing countries are as follows: China – 671.810 million tons (-2.8% compared to January-August 2024), India – 108.920 million tons (+10.2%), the United States – 54.552 million tons (+1.6%), Japan – 54.099 million tons (-4.5%), Russia – 46.091 million tons (-4.8%), South Korea – 41.061 million tons (-3.5%), Turkey – 24.878 million tons (+0.2%), Germany – 22.405 million tons (-11.9%), Brazil – 22.180 million tons (-1.5%) and Iran – 19.781 million tons (-3.6%).
Over the first eight months of this year, Ukrainian steel companies reduced steel production by 6.8% compared to the same period last year, from 5.274 million tons to 4.912 million tons. The country ranked 22nd.
In general, global steel production in January-August 2025 decreased by 1.7% compared to the same period in 2024, to 1 billion 230.635 million tons.
As reported, at the end of 2024, the top ten steel-producing countries among 71 countries were as follows: China – 1 billion 5.090 million tons (-1.7%), India – 149.587 million tons (+6.3%), Japan – 84.009 million tons (-3.4%), the United States – 79.452 million tons (-2.4%), Russia – 70.690 million tons (-7%), South Korea – 63.531 million tons (-4.7%), Germany – 37.234 million tons (+5.2%), Turkey – 36.893 million tons (+9.4%), Brazil – 33.741 million tons (+5.3%), and Iran – 30.952 million tons (+0.8%).
In total, 71 countries produced 1 billion 839.449 million tons of steel last year, which is 0.9% less than in 2023.
At the same time, Ukraine produced 7.575 million tons of steel in 2024, which is 21.6% higher than in 2023 (6.228 million tons). The country ranked 20th in 2024.
In 2023, China produced 1 billion 19.080 million tons (at the level of the previous year), India – 140.171 million tons (+11.8%), Japan – 86.996 million tons (-2.5%), the US – 80.664 million tons (+0.2%), Russia – 75.8 million tons (+5.6%), South Korea – 66.676 million tons (+1.3%), Germany – 35.438 million tons (-3.9%), Turkey – 33.714 million tons (-4%), Brazil – 31.869 million tons (-6.5%), and Iran – 31.139 million tons (+1.8%). In total, 71 countries produced 1 billion 849.734 million tons of steel in 2023, which is 0.1% less than in 2022.
At the same time, Ukraine produced 6.228 million tons of steel in 2023, which is 0.6% less than in 2022. The country ranked 22nd in 2023.
At the end of 2022, the top ten steel-producing countries were as follows: China – 1.013 billion tons (-2.1%), India – 124.720 million tons (+5.5%), Japan – 89.235 million tons (-7.4%), the United States – 80.715 million tons (-5.9%), Russia – 71.5 million tons (-7.2%), South Korea – 65.865 million tons (-6.5%), Germany – 36.849 million tons (-8.4%), Turkey – 35.134 million tons (-12.9%), Brazil – 33.972 million tons (-5.8%), and Iran – 30.593 million tons (+8%).
Ukraine ranked 23rd in 2022 with 6.263 million tons of steel (-70.7%).
In total, 64 countries produced 1 billion 831.467 million tons of steel in 2022, which is 4.3% less than in 2021.
