Steel excess capacity vs Crude steel production

Steel excess capacity and Crude steel production worldwide, compared over time.

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The series

Over time

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

Steel excess capacity and Crude steel production

Unit: million tonnes · 6 observations

2 series · one axis

Forecast: dashed line, hollow markers, shaded band Estimates are listed as such in the table below

Steel excess capacity and Crude steel production: GlobalSteel excess capacity and Crude steel production. 2 indicators on one axis: Steel excess capacity, Crude steel production. 6 observations from 2025 to 2028, ranging from 147.3 million tonnes to 745 million tonnes, of which 1 are forecasts. Latest values: Steel excess capacity 745 million tonnes (2028); Crude steel production 149.2 million tonnes (July 2026). million tonnes 0 200 400 600 800 Jul 2025 Jul 2026 Jul 2027 2025 2026 2027 2028 FORECAST 149 Steel excess capacity Crude steel production 745
Steel excess capacity and Crude steel production: GlobalSteel excess capacity and Crude steel production. 2 indicators on one axis: Steel excess capacity, Crude steel production. 6 observations from 2025 to 2028, ranging from 147.3 million tonnes to 745 million tonnes, of which 1 are forecasts. Latest values: Steel excess capacity 745 million tonnes (2028); Crude steel production 149.2 million tonnes (July 2026). million tonnes 0 200 400 600 800 Jul 2025 Jul 2026 Jul 2027 2025 2026 2027 2028 FORECAST 149 Steel excess capacity Crude steel production 745
Steel excess capacity and Crude steel production: GlobalSteel excess capacity and Crude steel production. 2 indicators on one axis: Steel excess capacity, Crude steel production. 6 observations from 2025 to 2028, ranging from 147.3 million tonnes to 745 million tonnes, of which 1 are forecasts. Latest values: Steel excess capacity 745 million tonnes (2028); Crude steel production 149.2 million tonnes (July 2026). million tonnes 0 200 400 600 800 Jul 2025 Jul 2026 Jul 2027 2025 2026 2027 2028 FORECAST 149 Steel excess capacity Crude steel production 745
View the underlying data
Steel excess capacity and Crude steel production: Global
Indicator Period Type Value
Steel excess capacity 2028 Forecast 745 million tonnes
Steel excess capacity 2025 Estimate 640 million tonnes
Crude steel production July 2026 Actual 149.2 million tonnes
Crude steel production June 2026 Actual 155.7 million tonnes
Crude steel production May 2026 Actual 157.9 million tonnes
Crude steel production January 2026 Actual 147.3 million tonnes
Source: AISI, worldsteel · CC BY 4.0 · Steel excess capacity · Crude steel production

Provenance

Where these numbers come from

Steel excess capacity

Volume of crude steelmaking capacity in excess of global steel demand.

2 observations in Global · source organisations: AISI

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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