Posted on 26 Mar 2025
Global crude steel production fell 3.4% on-year in February to 144.7 million tonnes, with most major producers registering declines. India nevertheless continued to buck the trend, while South Korea also saw growth, Kallanish notes from worldsteel data.
Chinese crude steel output is estimated to have fallen 3.3% on-year to 78.92mt, but Indian production was confirmed up 6.3% to 12.66mt. Japanese production fell 8.5% to 6.4mt but South Korean output rose 0.7% to 5.15mt.
EU27 production dropped 7.1% on-year in February to 10.1mt, as German output fell 13.5% to 2.7mt and Italian output inched down 0.6% to 1.8mt. Spanish output was however up 9% to 1.03mt, while French output was estimated down 4.6% to 800,000t.
Turkish production fell 5.6% to 2.92mt.
US output slumped 7% on-year in February to 6.03mt and Brazilian output was down 1.6% to 2.7mt.
Russian production was estimated down 3.4% on-year in February to 5.8mt but Ukrainian production was confirmed up 7.5% to 572,000t.
Crude steel output in the 69 countries monitored by worldsteel was thus down 2.2% on-year in January-February to 301.96mt, with India, Brazil and Italy among the few nations to record growth.
Source:Kallanish
