Capacity utilisation vs Steel demand growth

In 2025, capacity utilisation worldwide stood at 76%, against 0.2% for steel demand growth.

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Global, spaced by time. Both series are in %, so they share one axis; the legend names each line.

Capacity utilisation and Steel demand growth

Unit: % · 5 observations

2 series · one axis

Forecast: dashed line, hollow markers, shaded band

Capacity utilisation and Steel demand growth: GlobalCapacity utilisation and Steel demand growth. 2 indicators on one axis: Capacity utilisation, Steel demand growth. 5 observations from 2025 to 2028, ranging from 0.2% to 76%, of which 3 are forecasts. Latest values: Capacity utilisation 74% (2028); Steel demand growth 4% (2027). % 0 20 40 60 80 2025 2026 2027 2028 FORECAST Capacity utilisation Steel demand growth 74% 4%
Capacity utilisation and Steel demand growth: GlobalCapacity utilisation and Steel demand growth. 2 indicators on one axis: Capacity utilisation, Steel demand growth. 5 observations from 2025 to 2028, ranging from 0.2% to 76%, of which 3 are forecasts. Latest values: Capacity utilisation 74% (2028); Steel demand growth 4% (2027). % 0 30 60 90 2025 2026 2027 2028 FORECAST Capacity utilisation Steel demand growth 74% 4%
Capacity utilisation and Steel demand growth: GlobalCapacity utilisation and Steel demand growth. 2 indicators on one axis: Capacity utilisation, Steel demand growth. 5 observations from 2025 to 2028, ranging from 0.2% to 76%, of which 3 are forecasts. Latest values: Capacity utilisation 74% (2028); Steel demand growth 4% (2027). % 0 30 60 90 2025 2026 2027 2028 FORECAST Capacity utilisation Steel demand growth 74% 4%
View the underlying data
Capacity utilisation and Steel demand growth: Global
Indicator Period Type Value
Capacity utilisation 2028 Forecast 74%
Capacity utilisation 2025 Actual 76%
Steel demand growth 2027 Forecast 4%
Steel demand growth 2026 Forecast 2.5%
Steel demand growth 2025 Actual 0.2%
Source: OECD, worldsteel · CC BY 4.0 · Capacity utilisation · Steel demand growth

Shared periods

Side by side

Only one period is published for both series. Comparing anything else would mean comparing different years.

Period Capacity utilisation Steel demand growth
2025 76% 0.2%

Provenance

Where these numbers come from

Capacity utilisation

Share of steelmaking capacity that is actually used in production.

2 observations in Global · source organisations: OECD

Steel demand growth

Annual percentage change in steel demand.

3 observations in Global · source organisations: worldsteel

Data published under CC BY 4.0. Series A as JSON · Series B as JSON

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