Global Steel Output Drops 5.8% in June - India Bucks the Trend
New World Steel Association data reveals a significant shift in global production patterns:
June 2025 crude steel output fell to 151.4 million metric tons – a 5.8% year-on-year decrease across 70 reporting nations.
Regional Highlights
Production Growers:
Africa: +3.0% (1.7 million tons)
North America: +1.2% (8.7 million tons)
South America: +1.3% (3.5 million tons)
Notable Decliners:
EU: -8.2% (10.4 million tons)
Other Europe: -8.4% (3.3 million tons)
Asia/Oceania: -6.2% (112.9 million tons)
Top 5 Producer Performance:
China: 83.2M tons (-9.2%)
India: 13.6M tons (+13.3%)
Japan: 6.7M tons (-4.4%)
USA: 6.9M tons (+4.6%)
Russia: 5.6M tons (-7.4%)
What This Means for Stainless Steel
While overall production dips, India’s continued growth could impact stainless steel raw material flows:
May affect chromium/nickel demand patterns
Potential regional price variations
Supply chain adjustments for mills
Walmay Steel is monitoring these shifts to ensure stable stainless steel supply amid changing market conditions.
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