[SMM Steel] US Finalizes AD Review on Taiwan’s Corrosion-Resistant Steel Products

[SMM Steel] Global crude steel production declined 1.9% y-o-y to 153.4 million mt in April 2026, while January-April output fell 2.0% y-o-y to 613.3 million mt, according to worldsteel data. China’s April crude steel output dropped 2.8% y-o-y to 83.6 million mt, while India, South Korea, and the US recorded growth of 3.9%, 4.8%, and 9.4% respectively. EU-27 output declined 1.8% y-o-y to 11.0 million mt, while CIS production fell sharply by 13.4% y-o-y. Market participants said global steel production remains under pressure from weak demand and ongoing regional trade and geopolitical uncertainties.

[SMM Steel] Germany’s crude steel production increased by 9.5% y-o-y to 3.23 million mt in April 2026, although output declined 3.3% m-o-m, according to WV Stahl. BOF steel production rose 10.7% y-o-y to 2.22 million mt, while EAF output increased 7.1% y-o-y to 1.01 million mt. January-April crude steel production reached 12.49 million mt, up 9.1% y-o-y. Market participants said the data reflected a gradual recovery in German steel production, although overall demand and capacity utilization remained below sustainable levels.