Metals Industry in Finland

Production volume grows this year

The turnover of metals industry companies (steel products, non-ferrous metals, castings and metallic minerals) in Finland decreased by about five per cent in 2025 from 2024. Their turnover in Finland amounted to approximately EUR 13 billion in 2025.

The combined production volume of the industry (turnover deflated by the change in producer prices) was two per cent higher in January–August 2026 than in the corresponding period of last year.

At the end of September, metals industry companies in Finland employed 0.9 per cent more people than at the end of June. The industry employed approximately 16,700 people in September.

Compared to the corresponding period of last year, global steel production declined by 0.7 per cent during the January–September period of 2026. Examined by region, production volumes have declined in the EU (-0.8%), Asia (-0.9%) and, as could be expected, the Middle East (-9.2%). Production has increased in North America (4.7%) and Africa (9.7%), among other regions.

China, India, the United States and Japan were the largest producers in January–September. China accounted for approximately 54 per cent of global steel production in the first part of the year.