World crude steel production was 150.1 million tonnes in July 2025, down 1.3 percent on the year, the World Steel Association reported on 24 September 2025, publishing the July and August figures together. Output continued to fall in China, where mills were cutting production in response to weak construction demand and a government push to curb overcapacity, while production in the United States kept growing behind its tariff wall. The July data extended a run of annual declines that had begun in January, interrupted only by the March rebound after the Lunar New Year. With global output down in six of the first seven months of the year, the industry was heading into the second half of 2025 with little momentum, and attention was turning to whether Beijing's new capacity controls and stabilisation measures would be enough to restore balance between supply and demand in the world's largest steel market.
Source: World Steel Association — https://worldsteel.org/media/press-releases/2025/
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