Iran steel output down 8.6% in nine months

Iranian steel mills produced a total of 19.3 million tons of crude steel in the first nine months of 2021, which indicate an 8.6% decline compared with the corresponding period of 2020.

31 October 2021
ID : 33199
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Iranian steel mills produced a total of 19.3 million tons of crude steel in the first nine months of 2021, which indicate an 8.6% decline compared with the corresponding period of 2020. 

As per the latest report released by the World Steel Association, Iran's September output amounted to 1.3 million tons, down 51.4% year-on-year. 

Despite the decline in output, Iran maintained its global status as the world’s 10th biggest crude steel producer. China was the world’s largest crude steel producer in the nine-month period with 805.9 million tons of steel output, up 2% YOY.

It was followed by India with 87.3 million tons (up 23.3%), Japan with 72.1 million tons (up 17.9%), the United States with 64.4 million tons (up 19.8%), Russia with 56.4 million tons (up 6.2%), South Korea with 52.9 million tons (up 6.7%), Germany with 29.9 million tons (up 16.1%) and Turkey with 29.9 million tons (up 15%).

Iran is placed after Brazil (ninth) with 27.2 million tons. 

The world’s 64 steelmakers produced 1.46 billion tons of steel over the nine months under review, up 7.8% YOY. States located in Asia and Oceania collectively produced 1.07 million tons of the total. 

The Middle East produced 28.9 million tons of crude steel in the nine months under review, posting a decrease of 3% compared with the same period of last year.

Global steel output also experienced an 8.9% decline in September to 144.4 million tons. 

Crude steel is defined as steel in its first solid (or usable) form: ingots and semi-finished products (billets, blooms and slabs). This is not to be confused with liquid steel, which is steel poured.

The World Steel Association is one of the largest and most dynamic industry associations in the world, with members in every major steel-producing country. Worldsteel represents steel producers, national and regional steel industry associations and steel research institutes. Members represent around 85% of global steel production.

The 64 countries included in this table represent 85% of global steel production.

Iranian steel mills produced a total of 29.02 million tons of crude steel in 2020, which indicate a 13.35% rise compared with 2019, the highest growth in output in the list of the world's top 10 producers. 

Located in southwestern Isfahan, Mobarakeh Steel Company is the biggest steel producer in Iran and the Middle East and North Africa region.

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