In February, global steelmaking decreased by 3.4% (to 144.7 million tonnes). The top ten largest producers saw a decrease in volumes, except for India (+6.3%) and South Korea (+0.7%).
Top 10 steel producing countries in February 2025:
China-78.92 million tonnes (-3.3%)
India-12.66 million tonnes (+6.3%)
Japan-6.4 million tonnes (-8.5%)
USA-6.03 million tonnes (-7%)
Russia-5.8 million tonnes (-3.4%)
South Korea-5.15 million tonnes (+0.7%)
Turkey-2.92 million tonnes (-5.6%)
Brazil-2.72 million tonnes (-1.6%)
Germany-2.7 million tonnes (-13.5%)
Italy-1.81 million tonnes (-0.6%)
Overall, global steel production for January-February 2025 was 301.96 million tonnes, down 2.2% from the same period in 2024.