13,051.69 TRY BIST 100 BIST 100
51.38 EUR EUR EUR
44.51 USD USD USD
6.51 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
42.74 TRY Interest Interest
109.03 USD Fossil Oil Fossil Oil
5.58 USD Copper Copper
104.33 USD Silver Silver
106.08 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,703.63 TRY Gold (gr) Gold (gr)
108.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

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

Zaporizhstal has announced its first-quarter production figures

Friday, April 3, 2026

Aperam acquires magnetic components manufacturer Magnetec

Friday, April 3, 2026

Cf Ashgabat 2026 opened its doors in Turkmenistan

Friday, April 3, 2026

New tariff regulation from Trump on steel and aluminum imports

Friday, April 3, 2026

Interpipe acquires ArcelorMittal’s AMTP Roman facility in Romania

Friday, April 3, 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