INSUBCONTINENT EXCLUSIVE:
TEHRAN Irans steel production struck 30 million loads in the previous Iranian fiscal year 1403 (ended on March 20, 2025), the chairman of
the Iranian Steel Producers Association (ISPA)
Putting the nations annual steel output at 32 million lots in the Iranian year 1402, Bahram Sobhani stated that the output fell 7 percent in
2015 due to the lack of energy for production units
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced in late January that Irans steel
producers ended 2024 with modest development, as the countrys production of this essential metal reached 31 million lots
The most recent report from the World Steel Association reveals that Irans steel production grew by 0.8 percent in 2015
This was regardless of an 8.2 percent decline in production throughout December, when energy scarcities, especially of gas and electrical
energy, impacted output, lowering it to 2.6 million heaps, IMIDRO stated
The World Steel Associations table verifies that Iran retained its position as the worlds tenth-largest crude steel manufacturer
The total output of the associations 71 member nations reached 1.839 billion tons, marking a 0.9 percent decline compared to 2023
However, international steel production in December grew by 5.6 percent to 144.5 million heaps
China preserved its leading position with simply over 1.005 billion lots of production
India ranked second globally with a significantly lower production volume of 149 million tons, followed by Japan in 3rd place with 84
The United States produced more than 79 million lots, Russia over 70 million heaps, South Korea 63.5 million heaps, Germany 37.2 million
heaps, Turkey 36.9 million heaps, and Brazil 33.7 million lots, occupying the fourth to ninth spots, respectively
Among the top 10 steel-producing nations, Turkey tape-recorded the greatest development rate at 9.4 percent
It was followed by India with 6.3 percent, Brazil with 5.3 percent, and Germany with 5.2 percent
The steepest declines in production were reported by Russia, down 7.2 percent, South Korea, down 4.7 percent, the United States, down 2.4
percent, and China, down 1.7 percent
The Iranian Steel industry has been continuously developing over the past years versus all the pressures and obstacles produced by outside
sanctions and the coronavirus outbreak that has severely affected the efficiency of the worlds top manufacturers.
