9,448.90 TRY BIST 100 BIST 100
5.55 CNY CNY CNY
46.08 EUR EUR EUR
39.71 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
26,000.00 TRY Interest Interest
68.13 USD Fossil Oil Fossil Oil
45.88 USD Silver Silver
4.90 USD Copper Copper
93.00 USD Iron Ore Iron Ore
329.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,246.82 TRY Gold (gr) Gold (gr)

Global crude steel production decreased by 3.8% in May

World crude steel production decreased by 3.8% y/y to 158.8 million tons (Mt) in May 2025.

Global crude steel production decreased by 3.8% in May

The World Steel Association (WorldSteel) announced crude steel production figures for May 2025. Accordingly, world crude steel production in 69 countries amounted to 158.8 million tons (Mt) in May 2025, down 3.8% y/y.

On a regional basis, Africa's crude steel production increased by 5.5% y/y to 1.9 million tons. In Asia and Oceania, production decreased by 4.7% to 116.6 million tons. Production in the European Union (27 countries) decreased by 3.1% to 11.4 million tons. In other parts of Europe, production decreased by 8.8% to 3.6 million tons.

Crude steel production in the Middle East increased by 5.3% to 5.4 million tons. In North America, production increased by 3.4% to 9.5 million tons. Production in Russia, other CIS countries and Ukraine decreased by 8.1% to 7 million tons. In South America, production increased by 4.2% to 3.4 million tons.

On a country basis, China's crude steel production decreased by 6.9% y/y to 86.6 million tons in May. India's production increased by 9.7% to 13.5 million tons. Production in Japan decreased by 4.7% to 6.8 million tons. US production increased by 1.7% to 7 million tons. Russia's production is estimated at 5.8 million tons, a decrease of 6.9%.

South Korea's production decreased by 1.7% to 5.1 million tons, while Türkiye's production decreased by 2.8% to 3.1 million tons. In Germany, production decreased by 6.4% to 3 million tons. Iran's production increased by 4.5% to 3.4 million tons, while Brazil's production increased by 5% to 2.7 million tons.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

SMS Group discusses efficiency and energy savings in giant furnaces

Thursday, June 26, 2025

EMSTEEL's strong emphasis on sustainability

Thursday, June 26, 2025

Price Fluctuations Continue in the Middle East Long Steel Market

Wednesday, June 25, 2025

Iran aims to strengthen its economy through mining

Thursday, June 26, 2025

Yuxi Yukun expands ladle furnace capacity in Yunnan

Thursday, June 26, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now