India's Steel Output Surges 13.2% Amidst Global Production Decline

Global steel production fell by 1.6% year-on-year to 141.8 million tonnes (mt) in September 2025. However, India defied this trend, with its steel output surging by 13.2% to 13.6 mt for the same period, according to data from the World Steel Association. This strong performance by India comes as other major producers faced declines. China, the world's largest steel producer, saw its output drop by 4.6% to 73.5 mt. The United States, however, registered a positive growth of 6.7%, producing 6.9 mt. Japan's production decreased by 3.7% to 6.4 mt, while Russia's output increased by 3.8% to 5.2 mt. South Korea's production declined by 2.4% to 5 mt. Türkiye's output grew by 3.3% to 3.2 mt, and Germany's production saw a marginal fall of 0.6% to 3.0 mt. Brazil's output was down 3.2% at 2.8 mt, and Iran's production increased by 6% to 2.3 mt. Regionally, Asia and Oceania produced 102.9 mt (up 2.1%), the EU produced 10.1 mt (up 4.5%), and North America produced 8.8 mt (up 1.8%).

Impact This news positively impacts the Indian steel sector by highlighting its growing production capacity and competitiveness. It suggests strong domestic demand or successful export strategies, which could lead to improved financial results for Indian steel companies. The contrast with global trends positions India as a key player in the international steel market, potentially attracting further investment. Rating: 8/10.

Difficult Terms * Million tonnes (mt): A unit of measurement representing one million metric tons, commonly used for large quantities of bulk commodities like steel or oil.