TEHRAN – Iranian steel producers have achieved a production milestone of 28 million tonnes of crude steel in the past 11 months, marking a 0.5% increase compared to the same period last year.
The latest report from the World Steel Association confirms that Iran has maintained its position as the world’s 10th largest steel producer.
According to the WSA report, Iran produced 28 million tonnes of crude steel in 11 months of the current Iranian calendar year (from January 1 to November 30, 2024), showing a 0.5 percent growth compared to the last year’s corresponding period.
In November alone, Iran produced 3.1 million tonnes of crude steel, slightly up by 0.1% from November 2023.
North America and the group comprising Russia, the Commonwealth of Independent States (CIS), and Ukraine experienced the highest production declines.
In contrast, non-EU countries produced approximately 40 million tons (a 5.2% increase), and EU countries produced 119 million tons (a 2.2% increase).
In 2024, China experienced a 2.7% decline in steel production, while India, Germany, Turkey, and Brazil saw significant increases, with Turkey achieving the highest growth among the top 10 global producers.