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Steel excess capacity vs Crude steel production growth

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

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Over time

Global, spaced by time . 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 excess capacity

Unit: million tonnes · 2 observations

Line chart

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

Steel excess capacitySteel excess capacity. 2 observations from 2025 to 2028, ranging from 640 million tonnes to 745 million tonnes, of which 1 are forecasts. Latest value 745 million tonnes (2028). million tonnes 0 200 400 600 800 2025 2026 2027 2028 FORECAST 640 745
Steel excess capacitySteel excess capacity. 2 observations from 2025 to 2028, ranging from 640 million tonnes to 745 million tonnes, of which 1 are forecasts. Latest value 745 million tonnes (2028). million tonnes 0 200 400 600 800 2025 2026 2027 2028 FORECAST 640 745
Steel excess capacitySteel excess capacity. 2 observations from 2025 to 2028, ranging from 640 million tonnes to 745 million tonnes, of which 1 are forecasts. Latest value 745 million tonnes (2028). million tonnes 0 200 400 600 800 2025 2026 2027 2028 FORECAST 640 745
View the underlying data
Steel excess capacity
Period Type Value
2025 Estimate 640 million tonnes
2028 Forecast 745 million tonnes
Source: AISI · 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 Jul 2025 Jul 2026 Jul 2027 2025 2026 2027 2028 -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 Jul 2025 Jul 2026 Jul 2027 2025 2026 2027 2028 -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 Jul 2025 Jul 2026 Jul 2027 2025 2026 2027 2028 -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

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 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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