In February 2025, Ukrainian steelmakers increased steel production by 7.5% compared to the same period in 2024 – to 572 thousand tons from 532 thousand tons, but down 6.4% from the previous month, when they produced 611 thousand tons.
At the same time, Ukraine was ranked 21st among 69 countries in the ranking of global producers of these products by the World Steel Association (Worldsteel).
According to Worldsteel, in February 2025, steel production decreased compared to February 2024 in most of the top ten countries, except for India and South Korea.
The top ten steel producing countries in February are as follows: China – 78.922 million tons (minus 3.3% by February 2024), India – 12.662 million tons (plus 6.3%), Japan – 6.4 million tons (-8.5%), the United States – 6.03 million tons (-7%), and the Russian Federation – 5.8 million tons (-3.4%), South Korea – 5.154 million tons (0.7%), Turkey – 2.924 million tons (-5.6%), Brazil – 2.72 million tons (-1.6%), Germany – 2.702 million tons (-13.5%) and Italy – 1.813 million tons (-0.6%).
Overall, in February this year, steel production decreased by 3.4% year-on-year to 144.7 million tons.
For the first two months of the year, the top ten steel producing countries are as follows: China – 166.3 million tons (“minus” 1.5% by January-February 2024), India – 26.372 million tons (“plus” 6.8%), Japan – 13.186 million tons (-7.5%), the United States – 12.858 million tons (-1.3%), the Russian Federation – 11.739 million tons (-2, 5%), South Korea – 10.535 million tons (-2.8%), Turkey – 6.127 million tons (-3.7%), Brazil – 5.534 million tons (0.9%), Germany – 5.382 million tons (-13.1%) and Iran – 3.958 million tons (-23.1%).
Ukrainian steelmakers increased steel production by 9.9% in 2 months of this year compared to the same period in 2024, up to 1.183 million tons from 1.0756 million tons.
Overall, in January-February 2025, steel production decreased by 2.2% compared to the same period in 2024 to 301.958 million tons, ranking 20th.
As reported, in 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%), the Russian Federation – 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, up 21.6% from 6.228 million tons in 2023. The country was 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 United States – 80.664 million tons (+0.2%), the Russian Federation – 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% lower than in 2022. The country was ranked 22nd in 2023.
In 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%), the Russian Federation – 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 produced (-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.
