In July 2025, Ukrainian metallurgical enterprises produced 581,000 tons of steel (down 18.1% year-on-year and down 6.4% month-on-month), ranking 23rd in the Worldsteel rating of 70 countries. In January–July, production amounted to 4.263 million tons (–7% y/y), with Ukraine ranking 22nd for this period.
According to Worldsteel, India, the US, Turkey, and Iran showed growth in July compared to last year, while the other countries in the top 10 recorded a decline.
The World Steel Association is an international association of the steel industry, bringing together steel producers, national and regional industry associations, and research institutes; its members account for about 85% of global steel production. Its headquarters are in Brussels, and it has an office in Beijing. The organization was founded in 1967 as the International Iron and Steel Institute and was renamed in 2008. Worldsteel regularly publishes monthly production statistics and an annual reference book, World Steel in Figures.
In July 2025, global steel production amounted to 150.126 million tons, which is 1.3% less than in July 2024.
According to the World Steel Association (Worldsteel), the top ten countries are as follows:
China — 79.660 million tons (-4% y/y)
India — 14.000 million tons (+14%)
United States — 7.142 million tons (+4.8%)
Japan — 6.918 million tons (-2.5%)
Russia — 5.700 million tons (-2.4%)
South Korea — 5.256 million tons (-4.7%)
Turkey — 3.182 million tons (+4.2%)
Brazil — 2.930 million tons (-5.5%)
Germany — 2.719 million tons (-13.7%)
Iran — 2.235 million tons (+29.7%)
In February 2025, Ukrainian steelmakers produced 572 thousand tons of steel, up 7.5% from February 2024. However, volumes decreased by 6.4% compared to January.
According to Worldsteel, Ukraine ranked 21st among 69 steel-producing countries. In the first two months of 2025, the country increased production by 9.9% to 1.183 million tons.
The full dynamics of steel production by the world’s top twenty countries is available on the Experts Club YouTube channel – https://youtube.com/shorts/VgUU9MEMosE?si=BMOo_LS734dXysdj
According to Worldsteel, in October-2024, half of the top ten countries, except Japan, USA, rf, South Korea and Iran, recorded steelmaking growth by October-2023.
The top ten steel-producing countries at the end of October are as follows: China (81.880 million tons, up 2.9% on October-2023), India (12.456 million tons, plus 1.7%), Japan (6.925 million tons, minus 7.8%), USA (6.551 million tons, minus 2%), Russia (5.6 million tons, minus 15.2%), South Korea (4.487 million tons, down 18.3%), Germany (3.217 million tons, plus 14.7%), Brazil (3.075 million tons, plus 16.2%), Turkey (2.998 million tons, plus 0.7%) and Iran (2.960 million tons, minus 1.9%).
Overall, in October this year, steelmaking rose 0.4% year-on-year to 151.193 million tons.
For the first 10 months of 2024, the top ten steel-producing countries are as follows: China (850.730 million tons, down 3%), India (122.982 million tons, up 5.6%), Japan (70.214 million tons, down 3.7%), USA (66.666 million tons, “minus” 1.9%), Russia (59.435 million tons, “minus” 6.8%), South Korea (52.330 million tons, minus 6.4%), Germany (31.581 million tons, plus 5%), Turkey (30.905 million tons, plus 12.4%), Brazil (28.394 million tons, up 6%) and Iran (24.956 million tons, plus 0.6%).
Overall, 71 countries produced 1 billion 546.586 million tons of steel in January-October, down 1.6% from the same period in 2023.
Metallurgical enterprises of Ukraine in April this year increased steel production by 2.04 times compared to the same period last year – up to 574 thousand tons from 281 thousand tons.
In March 2023 it was smelted 527 thousand tons of steel.
In this case, Ukraine took 22nd place in the ranking of 63 countries – the world’s main producers of these products, compiled by the World Steel Association (Worldsteel).
According to Worldsteel, in April 2023 recorded a decline in steel production to April 2022 in most of the top ten countries, except India, South Korea, Russia and Iran.
The top ten steel-producing countries in April are as follows: China (92.640 million tons, down 1.5% on April-2022), India (10.721 million tons, up 3.2%), Japan (7.239 million tons, “minus” 3.1%), USA (6.586 million tons, “minus” 5.3%), RF (6.380 million tons, “plus” 1.9%), South Korea (5,689 mln tons, more by 3%), Germany (3,197 mln tons, decreasing by 3,8%), Iran (3,063 mln tons, increasing by 5,9%), Brazil (2,773 mln tons, minus 5,9%) and Turkey (2,678 mln tons, less by 20,6%).
Overall, steel production in April this year decreased by 2.4% compared to the same period last year to 161.377 million tons.
For the four months of 2023, the top ten steel-producing countries are as follows: China (354.390 million tons, up 4.1%), India (43.897 million tons, up 3%), Japan (28.861 million tons, down 5.3%), USA (26.061 million tons, down 4.1%), Russia (25.094 million tons, down 0.6%), South Korea (22.355 million tons, minus 0.4%), Germany (12.354 million tons, down 5.9%), Brazil (10.585 million tons, minus 8.8%), Turkey (10.1 million tons, down 21.3%) and Iran (9.710 million tons, up 0.1%).
A total of 63 countries produced 622.736 million tons of steel in January-April, which is 0.3% less than during the same period in 2022.
In this case, Ukraine produced 1.809 million tons of steel, which is 2.2 times, or 54% less than in January-April 2022. Is in 25th place at the end of four months-2023.
As reported, at the end of 2022, the top ten steel producing countries were as follows: China (1.013 billion tons, down 2.1%), India (124.720 million tons, up 5.5%), Japan (89.235 million tons, down 7.4%), USA (80.715 million tons, down 5.9%), Russia (71.5 million tons, down 7.2%), South Korea (65, 865 million tons, down 6.5%), Germany (36.849 million tons, down 8.4%), Turkey (35.134 million tons, down 12.9%), Brazil (33.972 million tons, down 5.8%) and Iran (30.593 million tons, up 8%).
In 2022, Ukraine ranked 23rd with the production of 6.263 million tons of steel (“minus” 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.