In October of this year, Ukrainian metallurgical enterprises increased steel production by 7.3% compared to the same period last year, to 648 thousand tons from 604 thousand tons, but decreased by 5.9% compared to the previous month (611 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 October 2025, steel production decreased by October 2024 in most of the top ten countries, except India, the United States, Turkey and Iran.
The top ten steel-producing countries in October are as follows: China - 72 million tons ("minus" 12.1% by October 2024), India – 13.563 million tons (+5.9%), USA - 6.989 million tons (+9.4%), Japan - 6.853 million tons (-1%), Russia – 5,250 million tons (-6.2%), South Korea - 5,093 million tons (-5.8%), Iran - 3,316 million tons (+12%), Turkey - 3,208 million tons (+3.1%), Germany - 3,127 million tons (-3%) and Brazil - 2,988 million tons (-2.7%).
In general, in October of this year, steel production decreased by 5.9% compared to the same period last year, to 143.340 million tons.
According to the results of the ten months of this year, the top ten steel-producing countries are as follows: China - 817.870 million tons (-3.9% compared to January-October 2024), India - 135.987 million tons (+10%), the United States - 68.376 million tons (+2.8%), Japan - 67.327 million tons (-4.1%), Russia – 56.536 million tons (-4.9%), South Korea - 51.144 million tons (-3.6%), Turkey - 31.277 million tons (+1.2%), Germany - 28.505 million tons (-9.9%), Brazil - 27.988 million tons (-1.8%) and Iran - 25.442 million tons (-1%).
In the first ten months of this year, Ukrainian steel production decreased by 4.9% compared to the same period last year, to 6.172 million tons from 6.487 million tons. The country took the 22nd place.
Globally, in January-October 2025, steel production decreased by 2.1% compared to the same period in 2024, to 1 billion 517.589 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 849.734 in 2023.
