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Worldsteel reported crude steel production in China at 92.8 million metric tonnes in March, 4.6% higher than in March, 2024. Chinese production in the first three months of 2025 was 1.3% lower than in the same period last year.
Data from China’s General Administration of Customs show net finished steel exports (exports minus imports) in March, 2025 at 10.0 million tonnes, 7.4% higher than in March 2024. Net finished steel exports in the first three months of 2025 were 7.6% higher than in the first three months of 2024.
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The latest high-level guest on The Green Steel Challenge podcast is Sanjiv Lamba, CEO of Linde. The head of the world’s largest industrial gases and engineering company explains which industrial gas-consuming technologies are currently driving steel industry decarbonisation and exactly what it will take for hydrogen to make a significant contribution.
The Green Steel Challenge podcasts are produced by the Korf Foundation and Kallanish Commodities and the discussion is all about how exactly we can deliver Green Steel. The next high-level guest will be Adina Renee Adler, Executive Director of the Global Steel Climate Council, viewable on May 6th.
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Worldsteel published March world crude steel production last week. World crude steel output was 166.1 million metric tonnes, 2.9% higher than in March, 2024.
China produced 92.8 million tonnes in March, accounting for 56% of world output and rising 4.6% compared to March, 2024. World crude steel production outside of China rose 0.8% on last March, with increases in India (+7.0%) and South Korea (+5.0%) offset by declines in Germany (-11.7%), Russia (-3.2%) and the US (-1.5%).
Crude steel production in the first three months of 2024 was 0.8% higher than in the same period last year.
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Based on reported import licenses, US long products imports fell 14% from 324,000 short tons in March 2024 to 271,000 tons in March 2025. The decline was mainly due to lower rebar imports from Turkey.
Despite imports dropping between March 2024 and March 2025, US long products imports in the first three months of 2025 were 12% higher than in the same period last year. This was the result of an import surge of 77% between January 2024 and 2025 (see chart below). The increase between the first three months of 2024 and 2025 was due to a 19% increase in rebar imports and a 21% increase in wire rod imports.
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Based on reported import licenses, US flat products imports fell 35% from 834,000 short tons in March, 2024 to 545,000 tons in March, 2025. The decline was mainly due to lower hot roll imports from Canada and South Korea, as well as lower hot dip galvanized imports from a number of countries including Vietnam, Mexico and South Africa.
US flat products imports in the first three months of 2025 were 16% lower than in the same period last year. Imports of all flat product categories declined year-on-year with hot dip galvanized -20%, hot roll -16%, cut plate -34%, and cold roll -1%.
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