steelFacts

World Steel Association 2025. World Steel Association forecasts global steel demand growth for 2024 World Steel Association worldsteel anticipates China's real estate troubles are expected to continue into next year, calling for a 1 percent decline in 2025. The Brussels-based steel association expects that global steel demand will increase in 2025 after three straight years of decline

World crude steel production for the 71 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 The increases will take place all over except at the planet's largest producer

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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. The association released an update of the Short Range Outlook (SRO) for 2024 and 2025 worldsteel issues press releases about topics affecting the steel industry as well as global crude steel production data per country and region on a monthly basis

World Steel Association forecasts global steel demand growth for 2024 World Steel Association. worldsteel forecasts that this year global steel demand will drop further by 0.9% to 1,751 Mt The increases will take place all over except at the planet's largest producer

Worldsteel. 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. worldsteel anticipates China's real estate troubles are expected to continue into next year, calling for a 1 percent decline in 2025.