Iranian steel mills produced a total of 13.6 million tons of crude steel during the first half of 2022, registering a 10.8% decline compared with the corresponding period of 2021.
A new report released by the World Steel Association shows Iran's June output hit 2.2 million tons, down by 10.8% year-on-year.
In terms of world ranking, Iran maintained its global standing as the world’s 10th biggest crude steelmaker despite the decline in production.
China was the world’s largest producer during the six-month period with 526.9 million tons of steel output, down 6.5% YOY. It was followed by India with 63.2 million tons (up 8.8%), Japan with 46 million tons (down 4.3%), the United States with 41.1 million tons (down 2.2%), Russia with 35.4 million tons (down 7.2%), South Korea with 33.8 million tons (down 3.9%), Germany with 19.6 million tons (down 5.5%) and Turkey with 19 million tons (down 4.6%).
Iran is placed after Brazil (ninth) with 17.4 million tons (down 10.8% YOY).
The world’s 64 steelmakers produced 949.4 million tons of steel in the six months under review, down 5.5% YOY. Countries located in Asia and Oceania collectively produced 701.4 million tons of the total.
The Middle East produced 20.4 million tons of crude steel during the period, posting a decrease of 5.9% compared with the same period of last year.