Steel demand growth vs Crude steel production growth

Steel demand growth (annual) and Crude steel production growth (monthly) worldwide. They are published at different intervals, so each is drawn on its own rather than matched period by period.

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The series

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Global. Steel demand growth is published as annual figures and crude steel production growth as monthly ones, so they are drawn on separate charts, and no period is matched between them. Read each on its own.

Steel demand growth

Unit: % · 3 observations

Line chart

Forecast: dashed line, hollow markers, shaded band

Steel demand growthSteel demand growth. 3 observations from 2025 to 2027, ranging from 0.2% to 4%, of which 2 are forecasts. Latest value 4% (2027). % 0 1 2 3 4 2025 2026 2027 FORECAST 0.2% 4%
Steel demand growthSteel demand growth. 3 observations from 2025 to 2027, ranging from 0.2% to 4%, of which 2 are forecasts. Latest value 4% (2027). % 0 1 2 3 4 2025 2026 2027 FORECAST 0.2% 4%
Steel demand growthSteel demand growth. 3 observations from 2025 to 2027, ranging from 0.2% to 4%, of which 2 are forecasts. Latest value 4% (2027). % 0 1 2 3 4 2025 2026 2027 FORECAST 0.2% 4%
View the underlying data
Steel demand growth
Period Type Value
2025 Actual 0.2%
2026 Forecast 2.5%
2027 Forecast 4%
Source: worldsteel · CC BY 4.0 · Full series

Crude steel production growth

Unit: % · 4 observations

Line chart

No figure published for these periods

Crude steel production growthCrude steel production growth. 4 observations from January 2026 to July 2026, ranging from -6.5% to 1.7%. Latest value -0.3% (July 2026). % -8 -6 -4 -2 0 2 2026 Feb 2026 Mar 2026 Apr 2026 May 2026 Jun 2026 Jul 2026 -6.5% -0.3%
Crude steel production growthCrude steel production growth. 4 observations from January 2026 to July 2026, ranging from -6.5% to 1.7%. Latest value -0.3% (July 2026). % -9 -6 -3 0 3 2026 Feb 2026 Mar 2026 Apr 2026 May 2026 Jun 2026 Jul 2026 -6.5% -0.3%
Crude steel production growthCrude steel production growth. 4 observations from January 2026 to July 2026, ranging from -6.5% to 1.7%. Latest value -0.3% (July 2026). % -9 -6 -3 0 3 2026 Feb 2026 Apr 2026 May 2026 Jun 2026 Jul 2026 -6.5% -0.3%
View the underlying data
Crude steel production growth
Period Type Value
January 2026 Actual -6.5%
May 2026 Actual -0.3%
June 2026 Actual 1.7%
July 2026 Actual -0.3%
Source: worldsteel · CC BY 4.0 · Full series

Shared periods

Side by side

No period lines up: steel demand growth is annual and crude steel production growth is monthly. A month and a year are not the same measurement window, so no row pairs them.

Provenance

Where these numbers come from

Steel demand growth

Annual percentage change in steel demand.

3 observations charted in Global · source organisations: worldsteel

Crude steel production growth

Year-over-year percentage change in crude steel production.

4 observations charted in Global · source organisations: worldsteel

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

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