News ID: 281097
Published: 0352 GMT February 26, 2021

Iran’s January crude steel production at 2.7m tons: WSA

Iran’s January crude steel production at 2.7m tons: WSA

Iranian steelmakers cast 2.7 million tons of crude steel in the first month of 2021, marking 10.2 percent increase compared to the corresponding figure for 2020, which was 2.4 million tons, according to figures released by the World Steel Association (WSA).

China topped the list of crude steel producers in the first month of the current year, with an output of 90.2 million tons, while Iran stood at tenth place.

India, Japan, the United States, Russia, South Korea, Turkey, Germany and Brazil, with 10 million tons, 7.9 million tons, 6.9 million tons, 6.7 million tons, six million tons, 3.4 million, 3.3 million tons and three million tons, respectively, were listed in second to ninth places, the report said.

Global steel production in January amounted to 162.9 million tons, showing a 4.8 percent rise compared to the corresponding figure of 2020, which was 155.4 million tons.

Iranian steelmakers churned out over 29 million tons of crude steel in 2020, according to statistics released by the WSA in January.

The statistics show a 13.3 percent rise for Iran compared to the corresponding figure of 2019, which stood at 25.6 million tons.

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 the exports figure 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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