Global crude steel production rose 1.7% year-on-year to 155.7 million tonnes in June 2026, marking a clear rebound from the marginal decline recorded in May.
The increase was driven by higher output across major producing regions, with India emerging as the standout performer among key economies.
5% year-on-year, leading the growth among major producers and helping to offset softer performance elsewhere in the global supply chain.
According to data reported by Hindu Businessline, India’s steel output expanded by 4.5% year-on-year, leading the growth among major producers and helping to offset softer performance elsewhere in the global supply chain.
The June figures contrast with May’s data, which showed a slight contraction in global output primarily due to a downturn in China that outweighed gains in other regions.
This month’s rebound suggests a stabilizing trend in industrial metals demand, although first-half production for 2026 remains marginally lower than the same period in the previous year.
The divergent recovery pattern highlights shifting dynamics within the world’s largest steel markets, with emerging economies like India gaining momentum while traditional powerhouses face mixed headwinds.