The global volume of stainless steel production in January-September of this year increased by 3% compared to the same period last year, to 48.020 million tons from 46.623 million tons.
Such data is provided in the press release of the International Organization of Stainless Steel Manufacturers (the world stainless association, formerly the International Stainless Steel Forum — International Stainless Steel Forum, ISSF).
According to the information, in the third quarter of 2025, production reached 16.1 million tons, which is 2.3% more than in July-September 2024.
At the same time, the production of stainless steel in Europe decreased by 4.2% to 4.498 million tons during this period. In the USA, production increased by 9.3% to 1,649 million tons.
In Asia (excluding China and South Korea), stainless steel production increased by 1.1% to 10.771 million tons, while in China it increased by 4.7% to 30.453 million tons.
In other regions (Brazil, Russia, South Africa, South Korea and Indonesia), production decreased by 5.7% to 649 thousand tons.
As reported, global stainless steel production in 2024 increased by 7% compared to 2023, to 62.621 million tons from 58.539 million tons, and production increased in all major regions.
At the same time, the production of stainless steel in Europe in 2024 increased by 1.5% to 6.088 million tons. In the USA, production increased by 6.9% to 1,950 million tons. In Asia (excluding China and South Korea), stainless steel production increased by 6.4% to 7,322 million tons, while in China it increased by 7.5% to 39.441 million tons. In other regions (Brazil, Russia, South Africa, South Korea and Indonesia), production increased by 9.2% to 7,820 million tons.
The global volume of stainless steel production in the world in 2023 increased by 4.6% compared to 2022, to 58.444 million tons. In total, stainless steel production in Europe decreased by 6.2% to 5,902 million tons this year, and in the United States by 9.6% to 1,824 million tons. Meanwhile, in Asia (excluding China and South Korea), stainless steel production decreased by 7.2% to 6.880 million tons, while in China it increased by 12.6% to 36.676 million tons. In other regions (Brazil, Russia, South Africa, South Korea and Indonesia), production decreased by 5.2% to 7,163 million tons.
Global stainless steel production in 2022 decreased by 5.2% compared to 2021, to 55.255 million tons. At the same time, output in Europe that year fell by 12.4% to 6.294 million tons, and in the United States by 14.8% to 2.017 million tons. In Asia (excluding China and South Korea), stainless steel production decreased by 4.9% to 7.411 million tons, and in China by 2% to 31.975 million tons. In other regions, production decreased by 9.1% to 7,557 million tons.
Earlier, the Experts Club information and analytical center released a video dedicated to global steel production and leading producing countries - https://www.youtube.com/shorts/VgUU9MEMosE
