Global steel production in October 2025 decreased by 5.9% compared to October 2024, to 143.340 million tons, with declines recorded in most of the top ten producing countries, according to data from the World Steel Association (Worldsteel).
The top ten countries in terms of steel production in October 2025 are as follows:
China – 72 million tons (down 12.1% compared to October 2024);
India – 13.563 million tons (up 5.9%);
USA – 6.989 million tons (up 9.4%);
Japan – 6.853 million tons (down 1%);
Russia – 5.250 million tons (down 6.2%);
South Korea – 5.093 million tons (down 5.8%);
Iran – 3.316 million tons (up 12%);
Turkey – 3.208 million tons (up 3.1%);
Germany – 3.127 million tons (down 3%);
Brazil – 2.988 million tons (down 2.7%).
In January-October 2025, global steel production decreased by 2.1% compared to the same period in 2024, to 1 billion 517.589 million tons. The top ten producing countries for the first ten months of this year are:
China – 817.870 million tons (down 3.9% compared to January-October 2024);
India – 135.987 million tons (up 10%);
USA – 68.376 million tons (up 2.8%);
Japan – 67.327 million tons (down 4.1%);
Russia – 56.536 million tons (down 4.9%);
South Korea – 51.144 million tons (down 3.6%);
Turkey – 31.277 million tons (up 1.2%);
Germany – 28.505 million tons (down 9.9%);
Brazil – 27.988 million tons (down 1.8%);
Iran – 25.442 million tons (down 1%).
At the end of 2024, 71 countries produced 1 billion 839.449 million tons of steel, which is 0.9% less than in 2023. The leaders were China – 1 billion 5.090 million tons (down 1.7%), India – 149.587 million tons (up 6.3%), Japan – 84.009 million tons (down 3.4%), the United States – 79.452 million tons (down 2.4%), Russia – 70.690 million tons (down 7%), South Korea – 63.531 million tons (down 4.7%), Germany – 37.234 million tons (up 5.2%), Turkey – 36.893 million tons (up 9.4%), Brazil – 33.741 million tons (up 5.3%), and Iran – 30.952 million tons (up 0.8%).
In 2023, 71 countries produced 1 billion 849.734 million tons of steel (down 0.1% from 2022), and in 2022, 64 countries produced 1 billion 831.467 million tons (down 4.3% from 2021), with China continuing to dominate and production growing in India amid declining performance in most developed economies.
Earlier, the Experts Club analytical center released a video analysis of the world’s leading steel producers from 2001 to 2024 – https://youtube.com/shorts/VgUU9MEMosE?si=c5yD04gmNtJoFblB
