Global stainless steel production in January-September this year increased by 3% compared to the same period last year, from 46.623 million tons to 48.020 million tons.
These figures are given in a press release from the International Stainless Steel Association (formerly the International Stainless Steel Forum, ISSF).
According to the information, in the third quarter of 2025, production reached 16.1 million tons, which is 2.3% more than in July-September 2024.
At the same time, stainless steel output in Europe decreased by 4.2% to 4.498 million tons during this period. In the US, production increased by 9.3% to 1.649 million tons.
In Asia (excluding China and South Korea), stainless steel production increased by 1.1% to 10.771 million tons, and in China, it increased by 4.7% to 30.453 million tons.
In other regions (Brazil, Russia, South Africa, South Korea, and Indonesia), production fell by 5.7% to 649,000 tons.
As reported, global stainless steel production in 2024 increased by 7% compared to 2023, to 62.621 million tons from 58.539 million tons, with production growing in all major regions.
At the same time, stainless steel production in Europe in 2024 increased by 1.5% to 6.088 million tons. In the US, production increased by 6.9% to 1.950 million tons. In Asia (excluding China and South Korea), stainless steel production increased by 6.4% to 7.322 million tons, and in China it grew by 7.5% to 39.441 million tons. In other regions (Brazil, Russia, South Africa, South Korea, and Indonesia), production increased by 9.2% to 7.820 million tons.
Global stainless steel production in 2023 increased by 4.6% compared to 2022, to 58.444 million tons. Overall, stainless steel production in Europe fell by 6.2% to 5.902 million tons this year, and in the US by 9.6% to 1.824 million tons. Meanwhile, in Asia (excluding China and South Korea), stainless steel production decreased by 7.2% to 6.880 million tons, while in China it increased by 12.6% to 36.676 million tons. Other regions (Brazil, Russia, South Africa, South Korea, and Indonesia) saw a 5.2% decline in production to 7.163 million tons.
Global stainless steel production in 2022 decreased by 5.2% compared to 2021, to 55.255 million tons. At the same time, production in Europe fell by 12.4% to 6.294 million tons, and in the US by 14.8% to 2.017 million tons. In Asia (excluding China and South Korea), stainless steel production decreased by 4.9% to 7.411 million tons, and in China by 2% to 31.975 million tons. Other regions saw a 9.1% decline in production to 7.557 million tons.
Earlier, the Experts Club information and analytical center released a video dedicated to global steel production and leading producing countries – https://www.youtube.com/shorts/VgUU9MEMosE
