Steel excess capacity

STO-REC-STAT01M2KJT2 National
640 milliontonnes
estimate

Global · 2025

Steel excess capacity worldwide reached 640 million tonnes in 2025 (AISI).

Original source
Publisher
AISI
Authority tier
T2 National
Locator
AISI Says China Report on ‘So Called Excess Capacity’ Fundamentally Flawed
Retrieved
15 Sep 2026
Status
Verified

What the source says

According to the latest OECD analysis, global steel overcapacity is projected to surge to 745 million metric tons (MMT) by 2028, up from 640 million metric tons in 2025.

Verbatim extraction verified: The figure 640 million tonnes is directly attested in the quoted passage (AISI Says China Report on ‘So Called Excess Capacity’ Fundamentally Flawed).

The figure above was extracted from this passage. If it does not match, the extraction is wrong and we want to know.

Cite this figure

Published under CC BY 4.0. Attribute the original publisher; the citations below do that for you and link to this permanent record.

APA
American Iron and Steel Institute. (2025). AISI Says China Report on 'So Called Excess Capacity' Fundamentally Flawed. Retrieved September 15, 2026, from https://www.steel.org/2026/07/aisi-says-china-report-on-so-called-excess-capacity-fundamentally-flawed/. Via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XBYFBKGCXKWV0MKK2R7
MLA
American Iron and Steel Institute. "AISI Says China Report on 'So Called Excess Capacity' Fundamentally Flawed." 2025, https://www.steel.org/2026/07/aisi-says-china-report-on-so-called-excess-capacity-fundamentally-flawed/. Accessed 15 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XBYFBKGCXKWV0MKK2R7.
Chicago
American Iron and Steel Institute. "AISI Says China Report on 'So Called Excess Capacity' Fundamentally Flawed." 2025. https://www.steel.org/2026/07/aisi-says-china-report-on-so-called-excess-capacity-fundamentally-flawed/. Accessed September 15, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XBYFBKGCXKWV0MKK2R7.
BibTeX
@misc{aisi2025steelmkk2r7, author = {{American Iron and Steel Institute}}, title = {AISI Says China Report on 'So Called Excess Capacity' Fundamentally Flawed}, year = {2025}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_01M2KJ7XBYFBKGCXKWV0MKK2R7}, note = {Original source: https://www.steel.org/2026/07/aisi-says-china-report-on-so-called-excess-capacity-fundamentally-flawed/. Accessed September 15, 2026.} }

Provenance and verification

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Chain of Custody · Verification Audit
Record: STO-REC-STAT01M2KJ T2 National

Primary Source

Publisher
American Iron and Steel Institute · homepage ↗
Authority tier
Tier 2 · National Official
Report
AISI Says China Report on 'So Called Excess Capacity' Fundamentally Flawed
Type
Press release
Published
Locator
AISI Says China Report on ‘So Called Excess Capacity’ Fundamentally Flawed
Retrieved
15 September 2026
Link status
Reachable (HTTP 200)
Report licence
See source

Verification & Integrity

Audit status
Verified
Review protocol
Editorial review
Checked on
15 September 2026
Last revision
15 September 2026
Archival URI
/stat/stat_01M2KJ7XBYFBKGCXKWV0MKK2R7