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India’s crude steel output rises 5.6% in Jan-Sept even as global production dips

SENSEX 73,606.75 + 482.92 NIFTY 22,753.20 + 153.20 CRUDEOIL 9,680.00 -120.00 GOLD 142,698.00 + 674.00 SILVER 195,255.00 -464.00 SENSEX 73,606.75 + 482.92 NIFTY 22,753.20 + 153.20 NIFTY 22,753.20 + 153.20 CRUDEOIL 9,680…

India’s crude steel output rises 5.6% in Jan-Sept even as global production dips
SENSEX 73,606.75

+ 482.92

NIFTY 22,753.20

+ 153.20

CRUDEOIL 9,680.00

 -120.00

GOLD 142,698.00

+ 674.00

SILVER 195,255.00

 -464.00

SENSEX 73,606.75

+ 482.92

NIFTY 22,753.20

+ 153.20

NIFTY 22,753.20

+ 153.20

CRUDEOIL 9,680.00

 -120.00

CRUDEOIL 9,680.00

 -120.00

GOLD 142,698.00

+ 674.00

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World steel production is down 0.7 per cent to 1.368 billion tonnes

By Gayathri G

Updated - October 26, 2026 at 07:25 PM. | Chennai

Global crude steel production across 70 reporting countries stood at 142.4 mt in September, down 0.2 per cent year-on-year | Photo Credit: KSL

India’s crude steel production rose 5.6 per cent year-on-year to 130 million tonnes (mt) during January-September 2026, even as global output declined 0.7 per cent to 1.368 billion tonnes, according to the World Steel Association (worldsteel).

India, the world’s second-largest steel producer, recorded a 1.9 per cent increase in crude steel output to 13.9 mt in September compared with the same month last year.

Global crude steel production across 70 reporting countries stood at 142.4 mt in September, down 0.2 per cent year-on-year. These countries accounted for about 98 per cent of global crude steel production in 2025, Worldsteel said.

China’s output down

China, the world’s largest steel producer, recorded a marginal 0.1 per cent increase in September output to 73.6 mt. However, its cumulative production fell 2.9 per cent to 724.8 mt during January-September.

The US reported a 4.3 per cent increase in September production to 7.2 mt, with output rising 5.8 per cent to 64.9 mt during the first nine months of the year.

Russia’s September production increased 6.2 per cent to 5.5 mt, while Japan’s output declined 0.6 per cent to 6.3 mt. South Korea produced 5.2 mt, up 3.6 per cent year-on-year.

Among the other major producers, Germany recorded a 13 per cent decline in September output to 2.6 mt, while Vietnam’s production surged 29.1 per cent to the same volume.

Regional trends remain mixed

Asia and Oceania, which accounted for the bulk of global production, recorded a 0.7 per cent increase in September output to 104 mt. However, production in the region declined by 0.9 per cent to 1.01 billion tonnes during January-September.

The European Union’s crude steel production fell 5 per cent year-on-year to 10.1 mt in September, while output in the Middle East dropped 20.4 per cent to 3.6 mt.

North America recorded a 3.4 per cent increase to 9.3 mt during the month, while Africa’s production rose 10.6 per cent to 2.2 mt.

For January-September, North America’s output increased 4.7 per cent to 84.7 mt, while Africa recorded a 9.7 per cent rise to 19 mt. The Middle East saw a 9.2 per cent decline to 36.9 mt over the same period.

Published on October 26, 2026

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Source: The Hindu BusinessLine — Commodities ↗

Figures reflect the source report and its stated period. This article is for information and is not investment advice.