12,369.89 TRY BIST 100 BIST 100
50.24 EUR EUR EUR
43.17 USD USD USD
6.23 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
36.80 TRY Interest Interest
63.54 USD Fossil Oil Fossil Oil
5.87 USD Copper Copper
126.39 USD Silver Silver
107.17 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,415.80 TRY Gold (gr) Gold (gr)
106.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Global crude steel production decrease in October by %5.9

Global crude steel production decreased by %5.9 year on year in October 2025 to 143.3 million tons (Mt).

Global crude steel production decrease in October by %5.9

WorldSteel announced crude steel production figures for October 2025. Accordingly, crude steel production of 70 countries decreased by %5.9 year on year to 143.3 Mt.

This figure decreased by %2.1 in January–October to 1.517 billion tons.

On a regional basis, Africa’s crude steel production increased by %0.8 year on year to 2 Mt. In Asia and Oceania, production decreased by %8.2 to 102.4 Mt. In the European Union (27 countries), production decreased by %3.5 to 10.8 Mt. In the rest of Europe, production increased by %3.8 to 3.6 Mt.

In the Middle East, crude steel production increased by %9.2 to 5.4 Mt. In North America, production increased by %4.7 to 9.1 Mt. In Russia, other Commonwealth of Independent States (CIS) countries and Ukraine, production decreased by %5.1 to 6.4 Mt. In South America, production decreased by %1.1 to 3.7 Mt.

Sharp decrease in China’s production

On a country basis, China’s crude steel production decreased by %12.1 year on year in October to 72 Mt. India’s production increased by %5.9 to 13.6 Mt. The United States increased its production by %9.4 to 7 Mt. Japan’s production decreased by %1 to 6.9 Mt. Russia’s production is estimated to decrease by %6.2 to 5.3 Mt.

South Korea’s production decreased by %5.8 to 5.1 Mt, while Türkiye increased its production by %3.1 to 3.2 Mt. In Germany, production decreased by %3 to 3.1 Mt. In Brazil, production decreased by %2.7 to 3 Mt, while Iran increased its production by %12 to 3.3 Mt.

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

Turkish company assumed management of Tartus port which is hosting Russia’s only Mediterranean base

Friday, January 16, 2026

EUROMETAL: Last-minute CBAM changes are putting pressure on steel importers

Friday, January 16, 2026

Worthington Steel has signed an agreement to acquire Kloeckner & Co

Friday, January 16, 2026

EUROFER responded to the statement by European steel-using sectors on the new steel trade measure

Friday, January 16, 2026

Algoma Steel ends 122-year blast furnace era, transitions to EAF steelmaking

Friday, January 16, 2026
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