Posted on 27 Feb 2025
Crude steel production among the 69 countries worldwide under the monthly survey of the World Steel Association (WSA) amounted to 151.4 million tonnes in January, down 4.4% from the previous year, the latest data released on February 25 by the association showed.
Output in China, the world's largest steelmaking country, fell by an estimated 5.6% on-year last month to 81.9 million tonnes, according to WSA. This result was higher by 7.8% from last December though, Mysteel Global calculated based on the statistics.
The WSA total for China's steel output last month can only be an estimate, Mysteel Global notes, as the country's National Bureau of Statistics always bundles the January-February official production data in its March releases. This is because the weeklong Chinese New Year holiday usually falls in one of the two months, skewing the data for single-month output.
Last month India, the world's second-largest steelmaking country, posted the largest on-year increase in output among the top 10 steel-producing countries, with the tonnage growing by 6.8% on year to 13.6 million tonnes, the WSA data indicated.
Among the top ten, the U.S., ranking fourth, was the only country other than India to achieve an on-year rise in crude steel output last month, as its volume edging up by 1.2% to 6.6 million tonnes.
Japan held its position as the third-largest steel-producing country worldwide last month with its crude steel output totalling 6.8 million tonnes, though this was lower by 6.6% on year, according to the release.
Crude steel output of the world's top 10 steelmaking countries | ||
Country | Jan 2025 | |
(mln t) | Y-o-Y (%) | |
China (e) | 81.9 | -5.6 |
India | 13.6 | 6.8 |
Japan | 6.8 | -6.6 |
U.S. | 6.6 | 1.2 |
Russia (e) | 6.0 | -0.6 |
South Korea | 5.2 | -8.8 |
Türkiye | 3.2 | -1.4 |
Germany (e) | 2.8 | -8.8 |
Brazil (e) | 2.6 | -4.5 |
Iran | 2.2 | -24.1 |
Total 69 | 151.4 | -4.4 |
(e): estimated, source: WSA
Source:Mysteel Global
