Crude steelmaking capacity in Korea
Korea: Crude steelmaking capacity was 79.9 Tonnes in 2025. ▲ Rising
Crude steelmaking capacity in Korea, 2000–2025
Source: Organisation for Economic Co-operation and Development. Measured in Tonnes.
Analysis
The most recent figure for crude steelmaking capacity in Korea is 79.9 Tonnes, measured in 2025.
Compared with earlier readings it is down 2.0% on the previous year and down 2.2% over ten years.
Over the whole period, crude steelmaking capacity in Korea peaked at 82.21 Tonnes in 2013 and was at its lowest, 55.47 Tonnes, in 2000.
The long-run direction has been consistently rising across the 26 years of available data.
Crude steelmaking capacity in Korea, year by year
| Year | Tonnes | Change |
|---|---|---|
| 2000 | 55.47 Tonnes | — |
| 2001 | 55.47 Tonnes | +0.0% |
| 2002 | 55.47 Tonnes | +0.0% |
| 2003 | 56.07 Tonnes | +1.1% |
| 2004 | 56.07 Tonnes | +0.0% |
| 2005 | 56.07 Tonnes | +0.0% |
| 2006 | 56.07 Tonnes | +0.0% |
| 2007 | 56.07 Tonnes | +0.0% |
| 2008 | 59.22 Tonnes | +5.6% |
| 2009 | 63.22 Tonnes | +6.8% |
| 2010 | 75.95 Tonnes | +20.1% |
| 2011 | 77.95 Tonnes | +2.6% |
| 2012 | 78.21 Tonnes | +0.3% |
| 2013 | 82.21 Tonnes | +5.1% |
| 2014 | 81.66 Tonnes | -0.7% |
| 2015 | 81.66 Tonnes | +0.0% |
| 2016 | 82.16 Tonnes | +0.6% |
| 2017 | 81.56 Tonnes | -0.7% |
| 2018 | 81.56 Tonnes | +0.0% |
| 2019 | 81.56 Tonnes | +0.0% |
| 2020 | 81.56 Tonnes | +0.0% |
| 2021 | 81.56 Tonnes | +0.0% |
| 2022 | 81.56 Tonnes | +0.0% |
| 2023 | 81.56 Tonnes | +0.0% |
| 2024 | 81.56 Tonnes | +0.0% |
| 2025 | 79.9 Tonnes | -2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 56.92 Tonnes | 55.47 Tonnes | 63.22 Tonnes | 10 |
| 2010s | 80.45 Tonnes | 75.95 Tonnes | 82.21 Tonnes | 10 |
| 2020s | 81.28 Tonnes | 79.9 Tonnes | 81.56 Tonnes | 6 |
Countries ranked near Korea
- 1 United States 121.2 Tonnes compare
- 1 China 1,136 Tonnes compare
- 1 Viet Nam 29 Tonnes compare
- 2 India 185.3 Tonnes compare
- 2 Syrian Arab Republic 2.6 Tonnes compare
- 3 Japan 113.6 Tonnes compare
- 3 Türkiye 59.9 Tonnes compare
- 3 Democratic Republic of the Congo 0.12 Tonnes compare
- 4 Poland 9.5 Tonnes compare
- 4 Russia 90.8 Tonnes compare
- 5 Netherlands 7.76 Tonnes compare
- 5 Iran 60 Tonnes compare
More urban development data for Korea
- Africa's Development Dynamics (AfDD) Table 23 - Ecological 273.26 Hectares (2020)
- Transport equipment indicators — Available seat capacity for schedule 854.84 Per 1 000 inhabitants (2016)
Frequently asked questions
- What is crude steelmaking capacity in Korea?
- Crude steelmaking capacity in Korea was 79.9 Tonnes in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest crude steelmaking capacity recorded in Korea?
- The highest recorded value was 82.21 Tonnes in 2013.
- What is the lowest crude steelmaking capacity recorded in Korea?
- The lowest recorded value was 55.47 Tonnes in 2000.
- How does Korea rank for crude steelmaking capacity?
- Korea ranks 2nd out of 14 groups with data for 2025.
- Is crude steelmaking capacity rising or falling in Korea?
- Over the last ten years it is down 2.2%. The long-run trend across the full record is rising.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Crude steelmaking capacity. Statizoid updates them automatically from the source API.
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About this data
This dataset provides information on crude steelmaking capacity for 132 OECD Member countries and non-OECD economies over the period 2000–2025. Definitions Steelmaking capacity Nominal crude steelmaking capacity is defined as the maximum theoretical output of installed steelmaking equipment. This definition does not account for yield losses, maintenance downtime, or other factors affecting actual production. As a result, the steelmaking capacity figures provided by the OECD should not be interpreted as effective capacity. Capacity is expressed in million metric tonnes (mmt). Annual capacity figures reflect all steelmaking capacity existing at the end of each calendar year. Steelmaking equipment Steelmaking equipment includes all equipment used to produce crude steel. The definition excludes ironmaking equipment, which is considered upstream, as well as casting, rolling, and finishing equipment, which are considered downstream. Specifically, crude steelmaking equipment includes electric arc furnaces (EAF), induction furnaces (IF) and LD basic oxygen furnaces (BOF). Methodology Steelmaking capacity developments are derived from data on existing capacity, investments, and closures. Capacity changes reflect new additions and permanent closures and therefore represent net changes. In some cases, capacity may be overestimated due to the assumption that projects classified as underway with expired start dates have become operational. Only permanent closures are included in capacity calculations, although some closures cannot be clearly classified due to limited available information. Data sources OECD calculations based on desk research, company websites, publicly available news sources and information exchanges within the OECD Steel Committee. Cite this dataset OECD (2025). Crude steelmaking capacity dataset. Accessed on [Day Month Year]. Further information OECD Steel Outlook 2025 OECD Steel Committee Global Forum on Steel Excess Capacity For questions or comments regarding this dataset, please contact Maika Sakamoto (Maika.SAKAMOTO@oecd.org) or Masanobu Nakamizu (Masanobu.NAKAMIZU@oecd.org).