In June this year, Ukrainian metallurgical companies reduced steel production by 15.5% compared to the same period last year, from 735,000 tons to 621,000 tons, and by 2.4% compared to the previous month, when 636,000 tons were produced.
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 June 2025, a decrease in steel production was recorded compared to June 2024 in most of the top ten countries, except for India and the United States.
The top ten steel-producing countries in June were as follows: China – 83.180 million tons (down 9.2% compared to June 2024), India – 13.550 million tons (+13.3%), the US – 6.930 million tons (+4.6%), Japan – 6.718 million tons (-4.4%), Russia – 5.6 million tons (-7.4%), South Korea – 5.043 million tons (-1.8%), Turkey – 2.875 million tons (-3.5%), Brazil – 2.836 million tons (-0.5%), Germany – 2.679 million tons (-15.9%) and Iran – 2.2 million tons (-15.5%).
In total, steel production in June this year decreased by 5.8% compared to the same period last year, to 151.433 million tons.
Based on the results of the first six months of this year, the top ten steel-producing countries are as follows: China – 514.830 million tons (-3% compared to January-June 2024), India – 80.929 million tons (+9.2%), Japan – 40.552 million tons (-5%), the US – 40.242 million tons (+0.8%), Russia – 34.778 million tons (-5.6%), South Korea – 30.628 million tons (-2.8%), Turkey – 18.302 million tons (-1.7%), Germany – 17.109 million tons (-11.6%), Brazil – 16.498 million tons (+0.5%) and Iran – 15.602 million tons (-10.3%).
In the first six months of this year, Ukrainian steel companies reduced steel production by 4.9% compared to the same period last year, to 3.683 million tons from 3.874 million tons, with the country also ranking 21st.
In January-June 2025, global steel production decreased by 2.2% compared to the same period in 2024, to 934.285 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 US – 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 ranks 20th in 2024.
In 2023, China produced 1 billion 19.080 million tons (at the previous year’s level), 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 US – 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.
