Global crude steel output falls 1.2% in August

🌐 Hellenic Shipping News (Greece) —

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Global crude steel production decreased by 1.2% in August 2026 compared to the previous year. Regional trends showed Africa's output rising by 8.8% while Asia and Oceania saw a decline of 1.4%, reflecting varied industrial activity across continents.

World crude steel production for the 70 countries reporting to the World Steel Association (worldsteel) was 144.2 million tonnes (Mt) in August 2026, a 1.2% decrease compared to August 2025. Crude steel production by region Africa produced 2.1 Mt in August 2026, up 8.8% on August 2025. Asia and Oceania produced 106.7 Mt, down 1.4%. ...

World Markets Commodities crude steel production global steel Africa Asia Oceania industry trends steel output decline

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