World crude steel production rose 2.9 percent year on year to 166.1 million tonnes in March 2025, the World Steel Association reported on 23 April 2025, the first annual increase of the year. The rebound was driven by China, where output jumped 17.6 percent from February to 92.8 million tonnes as mills restarted after the Lunar New Year holiday, up 4.6 percent on March 2024. March output was also 14.8 percent higher than February in absolute terms, helped by the three extra days in the month. Even so, total production for the first quarter of 2025 was 468.6 million tonnes, down 0.4 percent on the same period of 2024, and China accounted for more than 55 percent of world output in the quarter. The March figures offered a brief respite from the weak start to the year, but producers warned that the new US tariffs and soft construction demand in China would keep the market under pressure in the months ahead.
Source: Recycling Today — https://recyclingtoday.com/news/worldsteel-global-steel-output-march-2025-china-increase/
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