World crude steel production was 143.3 million tonnes in October 2025, down 5.9 percent on the year, the World Steel Association reported on 21 November 2025. China produced 72.0 million tonnes, down 12.1 percent on October 2024, the steepest fall among the major producers, as the government's output controls and weak domestic demand bit deeper. Output over the first ten months of 2025 totalled 1,517.6 million tonnes, down 2.1 percent on the same period of 2024. The October decline was the largest annual fall of the year, and it showed that the contraction in global steelmaking was deepening rather than bottoming out, even as the World Steel Association's October outlook had forecast demand stabilising. With the year nearly over, the data pointed to a second consecutive annual fall in world output, driven above all by China's managed reduction in production and by the disruption of trade flows caused by the United States' 50 percent steel tariffs.
Source: World Steel Association — https://worldsteel.org/media/press-releases/2025/october-2025-crude-steel-production/
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