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Global pig iron production in January decreased by 6% y/y

28.02.2026 21:02
Global pig iron production in January decreased by 6% y/y

Global pig iron production in January 2026 decreased by 6% compared to the same month in 2025, amounting to 110.78 million tons. However, it increased by 2.8% compared to the previous month. These figures are based on the data provided by the World Steel Association, as reported by Ukrmetallurgprom.

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In January, 10.24 million tons of pig iron were produced using the direct reduction method, while 100.54 million tons were produced using the blast furnace method.

The largest pig iron-producing countries in January were as follows:

– China: 65.92 million tons (-10.9% y/y)
– Japan: 10.34 million tons (+103.8% y/y)
– India: 8.47 million tons (-35% y/y)
– Russia: 4.95 million tons (-4.3% y/y)
– South Korea: 3.97 million tons (+4.6% y/y)

Ukraine ranked 14th among 40 pig iron-producing countries, with a production of 550 thousand tons (+6.1% y/y).

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