Over the first five months, the figure fell by 1.5%

Global steel production in May 2026 fell by 0.3% year-on-year to 157.9 million tonnes. 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 May were:

• China – 84.4 million tonnes (-2.7% year-on-year);

• India – 14.1 million tonnes (+1.9%);

• USA – 7.5 million tonnes (+9.2%);

• Japan – 7 million tonnes (+1.7%);

• Russia – 5.6 million tonnes (-5.4%);

• South Korea – 5.4 million tonnes (+3.3%);

• Turkey – 3.4 million tonnes (+8.9%);

• Germany – 3.2 million tonnes (+7.3%);

• Brazil – 2.8 million tonnes (+2.4%);

• Vietnam – 2.6 million tonnes (+27.2%).

Global steel production for January–May totalled 773.1 million tonnes (-1.5% year-on-year).