Iran’s Crude Steel Output Rises by 3.4%: Worldsteel

Iranian steel mills produced a total of 17.4 million tons of crude steel during the January-July, registering a 3.4% rise compared with the corresponding period of 2021. 
A new report released by the World Steel Association shows Iran's July output hit 2 million tons, up by 34.1% 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 seven-month period with 609.3 million tons of steel output, down 6.4% YOY. It was followed by India with 73.3 million tons (up 8 %), Japan with 53.3 million tons (down 4.9%), the United States with 48 million tons (down 3%), Russia with 41.4 million tons (down 7%), South Korea with 39.9 million tons (down 3.4%), Germany with 22.5 million tons (down 5.1%) and Turkey with 21.6 million tons (down 6.9%).