Iran’s steel output rose in the seven months to July despite a global fall in production and despite power cuts imposed on steel producers in the country this summer.
The latest monthly report by the World Steel Association (WSA) indicates that Iran has produced as much as 16.6 million metric tons (mts) of unprocessed steel in the first half of 2024, an increase of 5.9% year-on-year.
Iran has secured the seventh position among producers of crude steel in the world in May 24, according to a recent report by the World Steel Association.
The Iranian Steel Producers Association (ISPA) said the steel production volume in the country in the first two months of the current Iranian calendar year (March to May 2024) registered a 1.6 percent growth compared to the same period last year.
Iran’s steel production volume increased by 7.2 percent in the first four months of 2024 (January to April) despite the reduction of total steel production volume in the world, the World Steel Association (WSA) reported.
The World Steel Association (WSA) announced in its latest report that steel production in Iran during the first quarter of 2024 has registered a 16.3 percent growth compared to the same period last year.
Iran exported $7.6 billion worth of steel products last calendar year ending March 19, according to figures released by the Iranian Steel Producers Association (ISPA).
A recent report by World Steel Association (WSA) says Iran has made the biggest growth among world’s leading steel producers in January.
The Iranian Steel Producers Association (ISPA) said the country produced 11.459 million tons of steel products in the 11 months of the previous Iranian calendar year (March 21, 2023, to February 22, 2024).
The latest report by World Steel Association (WSA) suggests that Iran’s steel output in January 2024 has grown 39.9% year-on-year, putting the country at the ninth place of global ranking among top steel producers.