Steel demand growth vs Crude steel production

In 2026, steel demand growth worldwide was 2.5% (forecast); crude steel production was 149.2 million tonnes.

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Global, spaced by time in 2026 . Different units, drawn on separate scales and clipped to the years both series publish — earlier history stays on each indicator's own page. Read the values, not the heights.

Steel demand growth

Unit: % · 1 observation

Line chart

Forecast: dashed line, hollow markers, shaded band

Steel demand growthSteel demand growth. 1 observations from 2026 to 2026, ranging from 2.5% to 2.5%, of which 1 are forecasts. % 0 0.5 1 1.5 2 2.5 2026 Feb 2026 Mar 2026 Apr 2026 May 2026 Jun 2026 Jul 2026 FORECAST 2.5%
Steel demand growthSteel demand growth. 1 observations from 2026 to 2026, ranging from 2.5% to 2.5%, of which 1 are forecasts. % 0 1 2 3 2026 Feb 2026 Mar 2026 Apr 2026 May 2026 Jun 2026 Jul 2026 FORECAST 2.5%
Steel demand growthSteel demand growth. 1 observations from 2026 to 2026, ranging from 2.5% to 2.5%, of which 1 are forecasts. % 0 1 2 3 2026 Feb 2026 Apr 2026 Jun 2026 FORECAST 2.5%
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Steel demand growth
Period Type Value
2026 Forecast 2.5%
Source: worldsteel · CC BY 4.0 · Full series

Crude steel production

Unit: million tonnes · 4 observations

Line chart
Crude steel productionCrude steel production. 4 observations from January 2026 to July 2026, ranging from 147.3 million tonnes to 157.9 million tonnes. Latest value 149.2 million tonnes (July 2026). million tonnes 0 30 60 90 120 150 180 2026 Feb 2026 Mar 2026 Apr 2026 May 2026 Jun 2026 Jul 2026 147 149
Crude steel productionCrude steel production. 4 observations from January 2026 to July 2026, ranging from 147.3 million tonnes to 157.9 million tonnes. Latest value 149.2 million tonnes (July 2026). million tonnes 0 50 100 150 200 2026 Feb 2026 Mar 2026 Apr 2026 May 2026 Jun 2026 Jul 2026 147 149
Crude steel productionCrude steel production. 4 observations from January 2026 to July 2026, ranging from 147.3 million tonnes to 157.9 million tonnes. Latest value 149.2 million tonnes (July 2026). million tonnes 0 50 100 150 200 2026 Feb 2026 Apr 2026 Jun 2026 147 149
View the underlying data
Crude steel production
Period Type Value
January 2026 Actual 147.3 million tonnes
May 2026 Actual 157.9 million tonnes
June 2026 Actual 155.7 million tonnes
July 2026 Actual 149.2 million tonnes
Source: worldsteel · CC BY 4.0 · Full series

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Period Steel demand growth Crude steel production
2026 2.5% 149.2 million tonnes

Provenance

Where these numbers come from

Steel demand growth

Annual percentage change in steel demand.

3 observations in Global · source organisations: worldsteel

Crude steel production

Total volume of crude steel produced.

4 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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