World Steel Association 2025

World Steel Association 2025. World Steel Association announced; 4 Turkish companies among the top steel producing companies According to Worldsteel , global crude steel production checked in at 151.4 million metric tons (mmt) in January, a 4.4 percent decrease compared with the 148.1. worldsteel forecasts that this year global steel demand will drop further by 0.9% to 1,751 Mt

The latest status in global steel demands
The latest status in global steel demands from www.steelradar.com

After three years of decline, we expect to see a broad-based recovery in the world excluding China in 2025. The association released an update of the Short Range Outlook (SRO) for 2024 and 2025

The latest status in global steel demands

Africa produced 1.9 Mt in January 2025, down 3.5% on January 2024. The World Steel Association (worldsteel) today released an update of the Short Range Outlook (SRO) for 2024 and 2025 The Brussels-based steel association expects that global steel demand will increase in 2025 after three straight years of decline

World Steel Association announced; 4 Turkish companies among the top steel producing companies. The Brussels-based World Steel Association (Worldsteel) is reporting steel output in its 69 member nations dropped by 4.4 percent this January compared with production in January 2024 The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world, with members in every major steel-producing country.

Steel use by sector. Growth is expected to reach 5.3pct to 71.3 mln tons in 2024, followed by a 3.8pct increase to 74.1 mln tons in 2025, compared to 0.6pct growth last year. World crude steel production for the 69 countries reporting to the World Steel Association (worldsteel) was 151.4 million tonnes (Mt) in January 2025, a 4.4% decrease compared to January 2024.