Steel demand vs Crude steel production growth

In 2026, steel demand worldwide was 1,724 million tonnes (forecast); crude steel production growth was -0.3%.

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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

Unit: million tonnes · 1 observation

Line chart

Forecast: dashed line, hollow markers, shaded band

Steel demandSteel demand. 1 observations from 2026 to 2026, ranging from 1,724 million tonnes to 1,724 million tonnes, of which 1 are forecasts. million tonnes 0 500 1,000 1,500 2,000 2026 Feb 2026 Mar 2026 Apr 2026 May 2026 Jun 2026 Jul 2026 FORECAST 1,724
Steel demandSteel demand. 1 observations from 2026 to 2026, ranging from 1,724 million tonnes to 1,724 million tonnes, of which 1 are forecasts. million tonnes 0 500 1,000 1,500 2,000 2026 Feb 2026 Mar 2026 Apr 2026 May 2026 Jun 2026 Jul 2026 FORECAST 1,724
Steel demandSteel demand. 1 observations from 2026 to 2026, ranging from 1,724 million tonnes to 1,724 million tonnes, of which 1 are forecasts. million tonnes 0 500 1,000 1,500 2,000 2026 Feb 2026 Apr 2026 Jun 2026 FORECAST 1,724
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Steel demand
Period Type Value
2026 Forecast 1,724 million tonnes
Source: worldsteel · CC BY 4.0 · Full series

Crude steel production growth

Unit: % · 4 observations

Line chart
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 Jun 2026 -6.5% -0.3%
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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

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

Period Steel demand Crude steel production growth
2026 1,724 million tonnes -0.3%

Provenance

Where these numbers come from

Steel demand

Total volume of steel demand for the specified region and period.

2 observations in Global · source organisations: worldsteel

Crude steel production growth

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

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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