Iran Maintains Position as 10th Biggest Producer of Steel in World
According to the latest data released by the World Steel Association (WSA), Iran's steel production registered an 8.5% rise compared in this period to the same period in 2021.
The country’s November output hit 2.9 million tons, registering a 3.9% year-on-year rise.
In terms of world ranking, Iran maintained its global standing as the world’s 10th biggest crude steelmaker.
China was the world’s largest producer during the 11-month period with 935.1 million tons of steel output, down 1.4%. It was followed by India with 114.2 million tons (up 6%), Japan with 82.3 million tons (down 6.9%), the United States with 74.4 million tons (down 5.5%), Russia with 65.9 million tons (down 7%), South Korea with 60.6 million tons (down 6.1%), Germany with 34.2 million tons (down 7.9%) and Turkey with 32.5 million tons (down 12.3%).
Iran’s steel industry has been constantly developing over the past years against all the pressures and obstacles created by outside forces like the US sanctions and the coronavirus outbreak that has severely affected the performance of the world’s top producers.
The World Steel Association is one of the largest and most dynamic industrial associations with members in every major steel-producing country.
The WSA represents steel producers, national and regional steel industry associations and steel research institutes. Members represent around 85% of global steel production.
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