Despite a 6.3% decrease, China's production still ranks first in the world.

Global steel production in March 2026 fell by 4.2% year-over-year and rose by 12.8% month-over-month, reaching 159.9 million tons. This is according to the World Steel Association’s global ranking of steel-producing countries.

According to World Steel, the top ten steel-producing countries in March were:

• China – 87 million tons (-6.3% year-on-year);

• India – 15.3 million tons (+9.4%);

• United States – 7.2 million tons (+5.2%);

• Japan – 6.9 million tons (-4.1%);

• Russia – 5.4 million tons (-11.4%);

• South Korea – 5.4 million tons (+1.5%);

• Turkey – 3.3 million tons (+6.4%);

• Germany – 3.3 million tons (+7.5%);

• Brazil – 2.8 million tons (-2.5%);

• Vietnam – 2.2 million tons (+5.7%).

According to first-quarter results, global steel production totaled 459.2 million tons (-2.3% y/y).

Global steel production fell by 2% year-on-year in 2025, to 1.8 billion 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).