In October of this year, Ukrainian metallurgical companies increased steel production by 7.3% compared to the same period last year, from 604,000 tons to 648,000 tons, but decreased by 5.9% compared to the previous month (611,000 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 October 2025, there was a decrease in steel production compared to October 2024 in most of the top ten countries, except for India, the US, Turkey, and Iran.
The top ten steel-producing countries in October were as follows: China – 72 million tons (down 12.1% compared to October 2024), India – 13.563 million tons (up 5.9%), the US – 6.989 million tons (+9.4%), Japan – 6.853 million tons (-1%), Russia – 5.250 million tons (-6.2%), South Korea – 5.093 million tons (-5.8%), Iran – 3.316 million tons (+12%), Turkey – 3.208 million tons (+3.1%), Germany – 3.127 million tons (-3%), and Brazil – 2.988 million tons (-2.7%).
Overall, steel production in October this year decreased by 5.9% compared to the same period last year, to 143.340 million tons.
Based on the results of the first ten months of this year, the top ten steel-producing countries are as follows: China – 817.870 million tons (-3.9% compared to January-October 2024), India – 135.987 million tons (+10%), the United States – 68.376 million tons (+2.8%), Japan – 67.327 million tons (-4.1%), Russia – 56.536 million tons (-4.9%), South Korea – 51.144 million tons (-3.6%), Turkey – 31.277 million tons (+1.2%), Germany – 28.505 million tons (-9.9%), Brazil – 27.988 million tons (-1.8%), and Iran – 25.442 million tons (-1%).
Over the first ten months of this year, Ukrainian steel companies reduced steel production by 4.9% compared to the same period last year, from 6.487 million tons to 6.172 million tons. The country ranked 22nd.
In general, global steel production in January-October 2025 decreased by 2.1% compared to the same period in 2024, to 1 billion 517.589 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.
