Global steel production increases in March

Global steel output jumped 8.3% in March, according to World Steel Association’s (worldsteel’s) latest release. Production is now at the highest level seen in 10 months, rebounding from a near six-year low observed just three months prior.

Steel mills around the world produced an estimated 161.2 million metric tons (mt) of steel last month. While up month over month, March production is 4.3% less than levels one year prior. On a three-month moving average (3MMA) basis, production rose to 156.0 million tons through March, up 5.6% from February and the highest 3MMA recorded since August.

Brett Linton

Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.