October iron ore supplies may become the second largest in the country's history Iron ore imports to China are showing steady growth despite a decline in steel production. According to estimates by Kpler analysts, shipments will reach 113.06 million tons in October 2025, which will be the second highest figure in history after a record 116.33 million tons in September. This indicates that Chinese importers remain active, while domestic steel production continues to decline, according to Reuters. China accounts for approximately 75% of global seaborne iron ore imports and produces about half of the world’s steel. Since June, import volumes have consistently exceeded 100 million tons per month, offsetting the weak start to the year. In the first nine months of 2025, the country imported 917.69 million tons, only 0.1% less than a year earlier. Strong October figur...

In January-September, production increased by 5.2% y/y In September 2025, Polish steel enterprises reduced steel production by 16.2% compared to the previous month, and by 11.3% year-on-year, to 524 thousand tons. Thus, the country ranks 20th in the global ranking of world steel producers WorldSteel. In January-September, Polish steelmakers produced 5.65 million tons of steel, which is 5.2% more than in the same period of 2024. In the third quarter, the figure reached 1.79 million tons, which is 11.6% less than in the previous quarter and 0.7% more than in the same period of 2024. The resumption of steel production in Poland since the beginning of the year has been facilitated by the restart of an important enterprise, Huta Częstochowa. Since February 3, the plant has been operating at full capacity after more than a year of downtime. In addition, Co...

The EU is supporting prices through trade protection, while China is facing a decline in demand and export pressure In late September and October, the global hot rolled coil (HRC) market showed opposite trends in key regions. European prices went up on the back of expected stronger trade protection, while the US remained stable amid weak demand, and China again lowered its prices due to excess inventories and lack of confidence in the industry’s recovery. Europe Hot rolled coil prices in Europe have been on the rebound since the beginning of October. In particular, in Western Europe, supply increased by 3.5% between September 26 and October 17 to €595/t Ex-works. Import prices in Southern Europe increased by 0.5% to €485/mt CIF, while in the Italian market, products are offered at €560/mt Ex-works (+4.2%) with the prospect of further g...

Steel production in 70 producing countries amounted to 141.8 million tons in the month Global steel production in September 2025 decreased by 1.6% compared to the same month in 2024 to 141.8 million tons. The figure decreased by 2.4% compared to the previous month. This is evidenced by the global ranking of steel-producing countries (70) by the World Steel Association. Total steel production in the CIS+Ukraine decreased by 5.3% y/y and 7.5% m/m – to 6.2 million tons over the month, while in Ukraine it increased by 0.2% y/y and fell by 5.9% m/m – to 611 thousand tons. The top ten steel-producing countries in September, according to World Steel, were: China – 73.5 million tons (-4.6% yoy); India – 13.6 million tons (+13.2%); USA – 6.9 million tons (+6.7%); Japan – 6.4 million tons (-3.7%); Russia – 5.2 million tons (-3...

In April-September, volumes amounted to 4.43 million tons In September 2025, India increased its steel exports (including stainless steel) by 24% month-on-month to 1.07 million tons, the highest volume recorded since March 2024, according to BigMint. Compared to September 2024, these volumes have almost doubled. In particular, exports of flat carbon steel products in September increased by 24% compared to the previous month to 0.86 million tons, with hot-rolled coils accounting for almost half of the volume – 0.41 million tons (+50% month-on-month). Over the past two months, steel exports from India have accelerated mainly due to active restocking in the EU amid concerns about new trade policies and higher procurement costs following the introduction of CBAM. In September 2025, Indian steel supplies to the European Union, the main buyer, increased to ...

This year, the figure is expected to reach 1.75 million tons, which corresponds to the volumes of 2024 Global demand for steel in 2025 will remain at 1.75 billion tons, which is practically the same as in 2024. However, in 2026, growth of 1.3% y/y is expected, to 1.773 billion tons. These forecasts were announced by the World Steel Association (WorldSteel). Alfonso Hidalgo de Calcerrada, chairman of the WorldSteel Economic Committee and chief economist of the Spanish association UNESID, stressed that despite geopolitical risks and intensifying trade wars, the global economy is showing resilience. This optimism is based on active government investment in infrastructure and the expected easing of financial conditions for businesses and consumers. A key factor in the forecast will be the dynamics in China, where demand for steel has been declining since 2...