C24 · Steel and Basic Metals · Global

Steel excess capacity

Global: 640 million tonnes in 2025. AISI projects 745 million tonnes for 2028.

  • 640 million tonnes Latest · Global · 2025
  • Annual Release cadence
  • 3 Records · 1 region · 2025–2028

Verified 15 Sep 2026 · 2 publishers · Next period 2026

Over time

Global over time. Forecasts are dashed with hollow markers; the underlying values are one click away under the chart.

Fig 1 · C24 · Global Annual

Steel excess capacity

Global, 2025 to 2028

2 observations · 2025 to 2028

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 · million tonnes · CC BY 4.0 · statorigin.org

Forecasts are dashed, with hollow markers.

Every record

3 records · 1 region · 2025–2028. Each period links to its record: the value, its source evidence and original document.

Steel excess capacity: every record, grouped by region, newest first.
Period Value Source Type
Global 3 records
2028 745 million tonnes AISI · 31 Dec 2028 forecast
2028 745 million tonnes OECD · 31 Dec 2028 forecast
2025 640 million tonnes AISI · 31 Dec 2025 estimate

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How this measure is built

Definition
Volume of crude steelmaking capacity in excess of global steel demand.
Measure
One slice of Steel excess capacity ( form: level ) . Volume of crude steelmaking capacity in excess of steel demand. Region and period are columns on every record, not slices.
Limitations
2 figures are projections, drawn dashed and labelled in the table. Values are shown as published; StatOrigin does not revise, fill gaps or convert currencies.
Verification
Each value, unit, period and place was checked against its source evidence before publication. See the methodology and the corrections process.

Sources · 2 documents

Other slices of steel excess capacity

Frequently asked questions

What is the latest steel excess capacity?

Global: 640 million tonnes in 2025. AISI projects 745 million tonnes for 2028.

Where does this data come from?

From 2 documents published by AISI and OECD. Every figure on this page links to its record, which preserves the original source evidence.

How often is it updated?

Annual. The newest published period is 2025; the next release should cover 2026. A new figure appears here once the publisher releases it and it passes verification.

Can I use this data?

Yes. StatOrigin publishes it under CC BY 4.0: you may copy, chart and republish it, including commercially, with attribution to StatOrigin and to the original publisher.

Cite this page

Cite the page as a data set, or open any record to cite one figure: each record carries APA, MLA, Chicago and BibTeX forms that credit the original publisher.

StatOrigin. (2026). Steel excess capacity [Data set]. Retrieved October 28, 2026, from https://statorigin.org/indicators/steel-excess-capacity

"Steel excess capacity." StatOrigin, 2026, https://statorigin.org/indicators/steel-excess-capacity. Accessed 28 Oct. 2026.

StatOrigin. "Steel excess capacity." Data set, 2026. Accessed October 28, 2026. https://statorigin.org/indicators/steel-excess-capacity.

@misc{statorigin_steel_excess_capacity_2026, title = {Steel excess capacity}, author = {{StatOrigin}}, year = {2026}, url = {https://statorigin.org/indicators/steel-excess-capacity}, note = {Data set. Accessed 2026-10-28} }