Steel demand vs Steel demand growth

In 2027, steel demand worldwide was 1,762 million tonnes (forecast); steel demand growth was 4% (forecast).

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The series

Over time

Global, annual figures, spaced by time from 2026 to 2027 . 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 · 2 observations

Line chart

Forecast: dashed line, hollow markers, shaded band

Steel demandSteel demand. 2 observations from 2026 to 2027, ranging from 1,724 million tonnes to 1,762 million tonnes, of which 2 are forecasts. Latest value 1,762 million tonnes (2027). million tonnes 0 500 1,000 1,500 2,000 2026 2027 FORECAST 1,762
Steel demandSteel demand. 2 observations from 2026 to 2027, ranging from 1,724 million tonnes to 1,762 million tonnes, of which 2 are forecasts. Latest value 1,762 million tonnes (2027). million tonnes 0 500 1,000 1,500 2,000 2026 2027 FORECAST 1,762
Steel demandSteel demand. 2 observations from 2026 to 2027, ranging from 1,724 million tonnes to 1,762 million tonnes, of which 2 are forecasts. Latest value 1,762 million tonnes (2027). million tonnes 0 500 1,000 1,500 2,000 2026 2027 FORECAST 1,762
View the underlying data
Steel demand
Period Type Value
2026 Forecast 1,724 million tonnes
2027 Forecast 1,762 million tonnes
Source: worldsteel · CC BY 4.0 · Full series

Steel demand growth

Unit: % · 2 observations

Line chart

Forecast: dashed line, hollow markers, shaded band

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

Shared periods

Side by side

2 periods are published for both series as annual figures on the same basis. Comparing anything else would mean comparing different periods.

Period Steel demand Steel demand growth
2026 both forecasts 1,724 million tonnes worldsteel 2.5% worldsteel
2027 both forecasts 1,762 million tonnes worldsteel 4% worldsteel

Provenance

Where these numbers come from

Steel demand

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

2 observations charted in Global · source organisations: worldsteel

Steel demand growth

Annual percentage change in steel demand.

2 observations charted in Global (of 3 annual records) · source organisations: worldsteel

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

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