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    Market Segment

    Global steel output rises in January

    Written by Brett Linton


    The amount of crude steel produced around the globe increased by 5% from December to January, according to recent data published by the World Steel Association (worldsteel). This marks the second-highest monthly production rate recorded in the past six months.

    Global steel mill output totaled 151.4 million metric tons (mt) in January, an increase of 5% month over month (m/m). While up from December, January’s production was 1% below the 2024 monthly average rate of 152.8 million mt and 4% below the same month a year earlier (158.4 million mt).

    Brett Linton

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