Global crude steel production in February 2026 decreased by 2.2% year-on-year

Business Society, March 25th News
World Steel Association: In February 2026, the crude steel production of 69 countries/regions included in the World Steel Association's statistics was 141.8 million tons, a year-on-year decrease of 2.2%.

Top 10 countries in crude steel production: China: 76.09 million tons, -3.6%

India: 13.6 million tons,+7.7%

United States: 6.5 million tons,+5.8%

Japan: 6.4 million tons, unchanged

Russia: 5 million tons (estimated), -10.2%

South Korea: 4.8 million tons,+0.2%

Türkiye: 3 million tons,+3.4%

Germany: 2.8 million tons,+4.8%

Brazil: 2.5 million tons, -5.7%

Iran: 1.7 million tons (estimated), -1.3%

In addition, the global cumulative crude steel production in January and February 2026 was 298.2 million tons, a year-on-year decrease of 1.5%