13,809.88 TRY BIST 100 BIST 100
43.87 USD USD USD
6.42 CNY CNY CNY
51.72 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
36.21 TRY Interest Interest
71.12 USD Fossil Oil Fossil Oil
6.02 USD Copper Copper
126.40 USD Silver Silver
98.04 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
7,335.63 TRY Gold (gr) Gold (gr)
99.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

World crude steel production decreased by 6.5% in January

World crude steel production in January 2026 decreased by 6.5% compared to the same month of the previous year, reaching 147.3 million tonnes (Mt).

World crude steel production decreased by 6.5% in January

World Steel Association (WorldSteel) announced the January 2026 crude steel production figures. According to the data, crude steel production in 69 countries decreased by 6.5% year-on-year in January 2026, reaching 147.3 million tonnes (Mt).

Africa’s crude steel production increased by 5.8% compared to the same month of the previous year, reaching 2.0 million tonnes. In the Asia and Oceania region, production fell by 8.6% to 107.6 million tonnes. The EU (27) recorded a 2.3% decline to 10.3 million tonnes, while production in other European countries rose by 4.4% to 3.7 million tonnes.

The Middle East’s crude steel production increased by 12.6% to 4.8 million tonnes. In North America, production decreased by 0.6% to 9.2 million tonnes. Production in Russia, other CIS countries, and Ukraine fell by 8.6% to 6.5 million tonnes. South America produced 3.4 million tonnes of crude steel, down 1.2%.

China’s production down 13.9%

China’s crude steel production is estimated to have decreased by 13.9% year-on-year in January 2026, reaching 75.3 million tonnes. During the same period, India’s production increased by 10.5% to 15.1 million tonnes, while the United States recorded a 3.3% rise to 7.1 million tonnes.

Japan’s crude steel production in January declined by 0.5% to 6.8 million tonnes, while South Korea’s production increased by 5.0% to 5.6 million tonnes. Russia’s production is estimated to have fallen by 7.4% to 5.5 million tonnes.

In the same period, Türkiye’s production rose by 5.8% to 3.4 million tonnes, while Germany’s production increased by 15.0% to 3.1 million tonnes. Brazil’s production decreased by 1.4% to 2.7 million tonnes, and Iran achieved a 15.1% increase to 2.6 million tonnes of crude steel production.

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

Germany's crude steel production increased in January

Thursday, February 26, 2026

The United Kingdom has launched a tariff quota review for imports of Category 4 steel from Türkiye

Thursday, February 26, 2026

EU clean industry effort recast amid heavy industry lobbying

Thursday, February 26, 2026

Fortescue CEO: Pilbara should contribute to the decarbonisation of China's steel industry

Thursday, February 26, 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