News ID: 263316
Published: 0338 GMT December 22, 2019

Iran’s 11-month crude steel production over 23m tons: WSA

Iran’s 11-month crude steel production over 23m tons: WSA

Iranian steelmakers cast 23.6 million tons of crude steel during the first 11 months of 2019, marking 5.3 percent increase compared to the corresponding figure for 2018, which was 22.4 million tons.

According to recent figures released by the World Steel Association (WSA) on Saturday, Iran produced 2.13 million tons of crude steel in November, showing a 2.6-percent drop compared to the figure for the same month of 2018, which was 2.18 million tons.

China topped the list of crude steel producers in the 11th month of 2019, with an output of 80.28 million tons, while Iran stood at 10th place.

India, Japan, the United States, South Korea, Russia, Germany, Turkey and Brazil with 8.93 million tons, 7.74 million tons, 7.23 million tons, 5.89 million tons, 5.62 million tons, 3.21 million tons, 2.88 million tons and 2.6 million tons, respectively, were listed in second to ninth places, the report said.

Global steel production in November amounted to 147.79 million tons, showing a 1.05-percent drop compared to the corresponding figure of 2018, which was 149.35 million tons.

Iran ranked 10th among global crude steel producers last year with 25 million tons of production, according to figures released by WSA in January.

The statistics show a 17.72-percent rise for Iran compared to the figure for 2017, which was 21.24 million tons.

Iran was the 14th steelmaker of the world in 2017.

According to the Islamic Republic’s Vision Plan, the country’s total steel production capacity is to hit 55 million tons a year by 2025, with export figures expected to reach 10-15 million tons.

The World Steel Association (WSA) is one of the largest and most dynamic industry associations in the world. WSA members represent approximately 85 percent of the world’s steel producers, including over 150 steel producers, with nine of the 10 largest steel companies, national and regional steel industry associations and steel research institutes.


 

   
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