During the period, stainless steel production volumes increased in most key regions

Global stainless-steel production in April-June 2025 increased by 5% compared to the previous quarter, reaching 16.36 million tons. Compared to the same period in 2024, the figure increased by 3.1%. This is evidenced by data from the non-profit organization World Stainless Association.

During this period, Europe reduced its stainless-steel production by 5.1% y/y and 4.1% q/q – to 1.54 million tons. The US increased its production by 7.8% y/y and 1.1% q/q – to 559,000 tons over three months.

In Asia, excluding China and South Korea, stainless steel production in April-June 2025 increased by 4.1% y/y and decreased by 2.2% q/q – to 3.49 million tons, while China produced 10.54 million tons of stainless steel during the same period, up 3.9% y/y and 9.6% q/q.

Other countries, including Ukraine, Brazil, South Africa, Indonesia, South Korea, and Russia, increased their stainless-steel output by 2.9% y-o-y and 1% q/q – to 225,000 tons.