Metallurgical enterprises of Ukraine in August of this year reduced steel production by 6.1% compared to the same period last year - to 649 thousand tons from 691 thousand tons, but increased by 11.7% compared to the previous month (581 thousand tons).
In the ranking of world manufacturers of these products, compiled by the World Steel Manufacturers Association (Worldsteel), Ukraine ranked 21st among 70 countries.
According to Worldsteel, in August 2025, steel production decreased by August 2024 in most of the top ten countries, except India, the United States, Turkey and Vietnam.
The top ten steel-producing countries in August are as follows: China - 77.370 million tons (minus 0.7% by August 2024), India - 14.087 million tons (+13.2%), the United States - 7.156 million tons (+3.2%), Japan - 6.636 million tons (-3.4%), Russia – 5.5 million tons (-4.6%), South Korea - 5.177 million tons (-6.1%), Turkey - 3.394 million tons (+7.9%), Brazil - 2.866 million tons (-4.6%), Germany - 2.577 million tons (-10.5%) and Vietnam - 2.040 million tons (+13.8%).
In general, in August of this year, steel production increased by 0.3% compared to the same period last year, to 145.288 million tons.
According to the results of eight months of this year, the top ten steel-producing countries are as follows: China - 671.810 million tons (-2.8% compared to January-August 2024), India - 108.920 million tons (+10.2%), the United States - 54.552 million tons (+1.6%), Japan - 54.099 million tons (-4.5%), Russia – 46.091 million tons (-4.8%), South Korea - 41.061 million tons (-3.5%), Turkey - 24.878 million tons (+0.2%), Germany - 22.405 million tons (-11.9%), Brazil - 22.180 million tons (-1.5%) and Iran - 19.781 million tons (-3.6%).
In the first eight months of this year, Ukrainian steel production decreased by 6.8% compared to the same period last year, to 4.912 million tons from 5.274 million tons. The country took the 22nd place.
Globally, in January-August 2025, steel production decreased by 1.7% compared to the same period in 2024, to 1 billion 230.635 million tons.
As reported, by the end of 2024, the top ten steel-producing countries among 71 countries had the following type: China - 1 billion 5.090 million tons (-1.7%), India - 149.587 million tons (+6.3%), Japan - 84.009 million tons (-3.4%), the United States - 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%) and Iran - 30.952 million tons (+0.8%).
Last year, 71 countries produced 1 billion 839.449 million tons of steel, which is 0.9% less than in 2023.
At the same time, Ukraine produced 7.575 million tons of steel in 2024, which is 21.6% higher than the volume in 2023 (6.228 million tons). The country was ranked 20th by the end of 2024.
In 2023, China produced 1 billion 19.080 million tons (at the level of the previous year), India - 140.171 million tons (+11.8%), Japan - 86.996 million tons (-2.5%), the United States - 80.664 million tons (+0.2%), the Russian Federation - 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 billion in 2023.
