Global steel production fell by 4.1% m/m in April
Global steel production in April 2026 fell by 1.9% year-on-year and by 4.1% month-on-month, reaching 153.4 million tons. This is according to the World Steel Association’s global ranking of steel-producing countries (69).
Total steel production in the CIS countries plus Ukraine decreased by 13.4% year-on-year and by 9.1% month-on-month during the month, reaching 6 million tons. Steel output in Ukraine in April of this year decreased by 25.3% month-on-month, reaching 517,300 tons.
According to World Steel, the top ten steel-producing countries in March were:
- China – 83.6 million tons (-2.8% y/y);
- India – 13.8 million tons (+3.9%);
- United States – 7.2 million tons (+9.4%);
- Japan – 6.6 million tons (+0.3%);
- Russia – 5.0 million tons (-12.4%);
- South Korea – 5.2 million tons (+4.8%);
- Turkey – 3.3 million tons (+9.4%);
- Germany – 3.2 million tons (+9.5%);
- Brazil – 2.7 million tons (-2.8%);
- Vietnam – 2.1 million tons (+4%).
In January–April, global steel production totaled 613.3 million tons (-2% y/y). In the CIS countries and Ukraine, 24.7 million tons of steel were produced during this period, which is 11.5% less than last year.
As reported by GMK Center, global steel production fell by 2% year-on-year in 2025, to 1.8 billion tons. Total steel production in the CIS countries and Ukraine declined by 4.4% year-on-year in 2025, to 81.3 million tons. China reduced output by 4.4% year-on-year (960.8 million tons), India increased it by 10.4% year-on-year (164.9 million tons), and the U.S. by 3.1% year-on-year (82 million tons).
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Steel Export Market Prices
| Material | Price | Change |
|---|---|---|
| Stainless Seamless Pipe 304 108*4 mm | $ 2196.65 | 11.34 |
| Stainless Scrap 304 Solid | $ 1296.97 | -12.95 |
| Stainless Bar 321 60 mm | $ 2197.04 | -13.10 |
| Stainless Bar 304 60 mm | $ 1956.28 | -13.25 |
| Stainless HR Coil 304/No.1 6.0 mm | $ 1902.08 | -9.39 |