News ID: 302447
Published: 0222 GMT April 24, 2021

Iran’s three-month crude steel production hits 7.5m tons: WSA

Iran’s three-month crude steel production hits 7.5m tons: WSA

Iranian steelmakers churned out 7.5 million tons of crude steel during the first three months of 2021, marking a 10.7 percent rise compared to the corresponding figure for 2020, which was 6.75 million tons.

According to figures released by the World Steel Association (WSA), Iran cast 2.6 million tons of crude steel in March, showing a 10.7 percent increase compared to the figure for the same month of 2020, which was 2.23 million tons.

China topped the list of crude steel producers in the third month of 2021, with an output of 94 million tons, while Iran stood at 10th place.

India, Japan, the United States, Russia, South Korea, Germany, Turkey, and Brazil with 10 million tons, 8.3 million tons, 7.1 million tons, 6.6 million tons, 6.1 million tons, 3.6 million tons, 3.4 million and 2.8 million tons, respectively, were listed in second to ninth places, the report said.

Global steel production in March amounted to 169.2 million tons, showing a 15.2 percent decrease compared to the corresponding figure of 2020, which was 147.05 million tons.

Iran produced over 29 million tons of crude steel in 2020, according to figures released by WSA in January.

According to the Islamic Republics Vision Plan, the countrys 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 worlds 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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