Global stainless steel production in January-September 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 a press release by the International Stainless Steel Association (World Stainless Steel Association, formerly the International Sustainable Steel Forum, ISSF).
According to information, in the third quarter In 2025, production reached 16.1 million tons, which is 2.3% more than in July-September 2024.
At the same time, stainless steel production during this period in Europe decreased by 4.2% - to 4.498 million tons. 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, and in China - by 4.7% to 30.453 million tons.
In other regions (Brazil, Russia, South Africa, South Korea and Indonesia) a decrease in production was recorded by 5.7% - up to 649 thousand tons.
As reported, global stainless steel production in 2024 will beincreased by 7% compared to 2023 - to 62.621 million tons from 58.539 million tons, production increased in all major regions.
At the same time, stainless steel production by 2024 in Europe increased by 1.5% - to 6.088 million tons. In the US, 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, and in China 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. In general, in Europe this year, stainless steel production decreased by 6.2%, to 5.902 million tons, in the USA - by 9.6%, to 1.824 million tons. At the same time, in Asia (excluding China and South Korea), stainless steel production decreased by 7.2% to 6.880 million tons, and in China it increased by 12.6% to 36.676 million tons. In other regions (Brazil, Russia, South Africa, South Korea and Indonesia) a decrease in production by 5.2% was recorded - to 7.163 million tons. At the same time, in Europe that year production fell by 12.4% to 6.294 million tons, in the USA 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 mln tons, and in China - by 2% to 31.975 million tons. In other regions, a decrease in production by 9.1% was recorded - to 7.557 million tons.
Previously, the Information and Analytical Center "Club of Experts" released a video dedicated to global steel production and leading producing countries - https://www.youtube.com/shorts/VgUU9MEMosE
