Global Steel Production Down 1.5% Through May 2026: What CNC Buyers Should Expect for Material Pricing and Lead Times
World crude steel production fell 1.5% YoY through May 2026 to 773.1 Mt. North America grew 5.9%, China contracted 3.9%, and India rose 7.8%. Regional divergence in steel supply signals different pricing, lead time, and certification requirements for CNC buyers.