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Global crude steel output falls 1.2% in August

World crude steel production for the 70 countries reporting to the World Steel Association (worldsteel) was 144.2 million tonnes (Mt) in August 2026, a 1.2% decrease compared to August 2025. Crude steel production by region Africa produced 2.1 Mt in August 2026, up 8.8% on August 2025. Asia and Oceania produced 106.7 Mt, down 1.4%. ...

In August 2026, global crude steel output declined by 1.2% compared to the previous year, according to data from the World Steel Association. The total production across 70 countries reporting stood at 144.2 million tonnes. Africa's crude steel production saw an 8.8% increase to 2.1 million tonnes, while Asia and Oceania's output remained steady at 106.7 million tonnes, down 1.4% from the prior year.

The European Union (27) produced 8.9 million tonnes, marking a 1.0% reduction. Europe, Other region increased its output by 1.2% to 3.8 million tonnes. The Middle East's production fell by 4.6% to 3.7 million tonnes. North America's crude steel output rose by 3.9% to 9.4 million tonnes. Russia and other CIS countries, including Ukraine, saw a 5.6% decrease, producing 6.3 million tonnes.

South America's crude steel production declined by 4.9% to 3.4 million tonnes. Collectively, these 70 countries accounted for about 98% of the world's total crude steel production in 2025.

Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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