Ukrainian metallurgical enterprises reduced steel production by 9.9% in March 2025 compared to the same period in 2024, down to 551 thousand tons from 611 thousand tons. This was also a 3.7% decrease compared to the previous month, when 572 thousand tons were produced.
According to the World Steel Association (Worldsteel), Ukraine ranked 24th among 69 countries in the global steel producers list.
Worldsteel reported that in March 2025, steel production declined in half of the top ten countries compared to March 2024, excluding China, India, Japan, Brazil, and Iran.
The top ten steel-producing countries in March were as follows:
- China – 92.840 million tons (+4.6% compared to March 2024)
- India – 13.789 million tons (+7%)
- Japan – 7.207 million tons (+0.2%)
- USA – 6.712 million tons (-1.5%)
- Russia – 6.2 million tons (-3.2%)
- South Korea – 5.008 million tons (-5.3%)
- Iran – 3.332 million tons (+3.7%)
- Turkey – 3.130 million tons (-2.8%)
- Germany – 3.1 million tons (-11.7%)
- Brazil – 2.944 million tons (+6.6%)
Globally, steel production in March increased by 2.9% compared to the same period last year, reaching 166.123 million tons.
For the first three months of 2025, the top ten steel-producing countries were as follows:
- China – 259.330 million tons (+0.6% compared to January-March 2024)
- India – 40.123 million tons (+6.8%)
- Japan – 20.393 million tons (-4.9%)
- USA – 19.726 million tons (-0.6%)
- Russia – 17.740 million tons (-3.8%)
- South Korea – 15.543 million tons (-3.6%)
- Turkey – 9.257 million tons (-3.4%)
- Germany – 8.482 million tons (-12.6%)
- Brazil – 8.477 million tons (+2.8%)
- Iran – 7.290 million tons (-12.8%)
Metallurgical enterprises in Ukraine increased steel production by 2.7% in Q1 2025 compared to the same period in 2024, reaching 1.733 million tons, ranking 23rd globally.
In total, global steel production in January-March 2025 decreased by 0.4% compared to the same period in 2024, reaching 468.613 million tons.
As previously reported, the top ten steel-producing countries in 2024 were as follows:
- China – 1.005 billion tons (-1.7%)
- India – 149.587 million tons (+6.3%)
- Japan – 84.009 million tons (-3.4%)
- USA – 79.452 million tons (-2.4%)
- Russia – 70.690 million tons (-7%)
- South Korea – 63.531 million tons (-4.7%)
- Germany – 37.234 million tons (+5.2%)
- Turkey – 36.893 million tons (+9.4%)
- Brazil – 33.741 million tons (+5.3%)
- Iran – 30.952 million tons (+0.8%)
In 2024, 71 countries produced 1.839 billion tons of steel, 0.9% less than in 2023.
Ukraine produced 7.575 million tons of steel in 2024, 21.6% more than in 2023 (6.228 million tons), ranking 20th globally.
In 2023, China produced 1.019 billion tons (on par with the previous year), India – 140.171 million tons (+11.8%), Japan – 86.996 million tons (-2.5%), USA – 80.664 million tons (+0.2%), Russia – 75.8 million tons (+5.6%), South Korea – 66.676 million tons (+1.3%), Germany – 35.438 million tons (-3.9%), Turkey – 33.714 million tons (-4%), Brazil – 31.869 million tons (-6.5%), and Iran – 31.139 million tons (+1.8%).
In total, 71 countries produced 1.849 billion tons of steel in 2023, 0.1% less than in 2022.
Ukraine produced 6.228 million tons of steel in 2023, 0.6% less than in 2022, and ranked 22nd globally.
In 2022, the top ten steel-producing countries were:
- China – 1.013 billion tons (-2.1%)
- India – 124.720 million tons (+5.5%)
- Japan – 89.235 million tons (-7.4%)
- USA – 80.715 million tons (-5.9%)
- Russia – 71.5 million tons (-7.2%)
- South Korea – 65.865 million tons (-6.5%)
- Germany – 36.849 million tons (-8.4%)
- Turkey – 35.134 million tons (-12.9%)
- Brazil – 33.972 million tons (-5.8%)
- Iran – 30.593 million tons (+8%)
Ukraine ranked 23rd in 2022, producing 6.263 million tons of steel (-70.7%).
In total, 64 countries produced 1.831 billion tons of steel in 2022, 4.3% less than in 2021.
