Sunday, September 24, 2023

Iran’s crude steel production exceeds 12m tons

Iran’s crude steel production has risen by all but 7 percent to 12.06m tons over the first nine months of 2014.

Iranian steel-producing companies produced 12.06m tons of crude steel in the first nine months of 2014, showing a 6.59-percent growth compared with last year’s figure of 11.31m tons.

According to the latest statistics released by World Steel Association (WSA), China topped the list of crude steel producers in the period with 618m tons, wrote Sunday’s edition of ‘Iran Daily’.

At second to tenth places were Japan, the US, India, Russia, South Korea, Germany, Turkey, Brazil and Ukraine with 83.12m tons, 66.33m tons, 62.41m tons, 53.4m tons, 53.27m tons, 32.54m tons, 25.72m tons, 25.48m tons and 21.4m tons respectively.

In September, Iran produced 1.42m tons of crude steel, which is 7.28 percent higher than the August output of 1.33m tons.

Global steel production in September amounted to 134.42m tons, which shows a 1.45-percent rise compared with last year’s corresponding figure of 132.49 million tons.

WSA is the international trade body of the iron and steel industry. The association represents approximately 170 steel producers, including 17 of the world’s 20 largest steel companies, national and regional steel associations and steel research institutes.

Its members account for 98 percent of world steel production.

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