Iran 10th bigest steel producrer in the world, despite decrease in production

World Steel Association declared in its latest report that steel production in Iran in June 2022 decreased by 10.5% compared to the same period in 2021.

Accordingly, production stood at 2.2 million tons in the month. It also decreased by the same percentage in the first 6 months of 2022 to hit 13.6 million tons.

As per the report, Iran remained at the 10th place of the ranking of the world’s steel producers.

The country took this place in February 2021.

China, India and Japan are the first largest producers of steel in the world. This is while Russia registered the highest amount of decrease in production, which is 22.2%.

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