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Global steel production decreased by 1.3% in July, China showed a drop of 4%


Ağustos, 22 2025
watermark Economic news

In July, global crude steel production decreased by 1.3% year-on-year to 150.1 million tons, according to the World Steel Association.


China – the largest producer and consumer of metal, showed a sharper decline: steel output fell by 4% to 79.7 million tons.


The decline in China, which accounts for more than half of global production, has been a key factor in the global decline and reflects the ongoing adjustment in the steel industry.



    






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