Steel demand shortfall

STO-REC-STAT01M2KJT2 National
60 milliontonnes

Global · 2025

Steel demand shortfall worldwide totalled 60 million tonnes in 2025 (worldsteel).

Original source
Publisher
worldsteel
Authority tier
T2 National
Locator
worldsteel Short Range Outlook April 2026
Retrieved
15 Sep 2026
Status
Verified

What the source says

The 2025 market size remains roughly 60 Mt (15%) lower than the levels seen in 2017–2018, indicating that a full return to pre-crisis volumes is still a long-term endeavour.

Verbatim extraction verified: The figure 60 million tonnes is directly attested in the quoted passage (worldsteel Short Range Outlook April 2026).

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
World Steel Association. (2025). worldsteel Short Range Outlook April 2026. Retrieved September 15, 2026, from https://worldsteel.org/media/press-releases/2026/worldsteel-short-range-outlook-april-2026/. Via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XBYFBKGCXKWV0MKK2SB
MLA
World Steel Association. "worldsteel Short Range Outlook April 2026." 2025, https://worldsteel.org/media/press-releases/2026/worldsteel-short-range-outlook-april-2026/. Accessed 15 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XBYFBKGCXKWV0MKK2SB.
Chicago
World Steel Association. "worldsteel Short Range Outlook April 2026." 2025. https://worldsteel.org/media/press-releases/2026/worldsteel-short-range-outlook-april-2026/. Accessed September 15, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XBYFBKGCXKWV0MKK2SB.
BibTeX
@misc{worldsteel2025steelmkk2sb, author = {{World Steel Association}}, title = {worldsteel Short Range Outlook April 2026}, year = {2025}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_01M2KJ7XBYFBKGCXKWV0MKK2SB}, note = {Original source: https://worldsteel.org/media/press-releases/2026/worldsteel-short-range-outlook-april-2026/. Accessed September 15, 2026.} }

Provenance and verification

Everything needed to check this number yourself, without taking our word for it.

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

Primary Source

Publisher
World Steel Association · homepage ↗
Authority tier
Tier 2 · National Official
Report
worldsteel Short Range Outlook April 2026
Type
Press release
Published
Locator
worldsteel Short Range Outlook April 2026
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_01M2KJ7XBYFBKGCXKWV0MKK2SB