Iranian steel mills produced a total of 22.2 million tons of crude steel during from the beginning of this year to the end of September, registering a 9.8% rise compared with the corresponding period of 2021, the World Steel Association said in its latest report.
The report also shows Iran's September output hit 2.7 million tons, registering a 26.7% year-on-year rise.
In terms of world ranking, Iran maintained its global standing as the world’s 10th biggest crude steelmaker.
China was the world’s largest producer during the nine-month period with 780.8 million tons of steel output, down 3.4% YOY. It was followed by India with 93.3 million tons (up 6.4%), Japan with 67.8 million tons (down 6%), the United States with 61.5 million tons (down 4.3%), Russia with 54.6 million tons (down 6%), South Korea with 50.5 million tons (down 4.4%), Germany with 28.2 million tons (down 6%) and Turkey with 25.9 million tons (down 5.3%).
Iran is placed after Brazil (ninth) with 25.9 million tons (down 5.3% YOY).
The world’s 64 steelmakers produced 1.4 billion tons of steel in the nine months under review, down 4.3% YOY. Countries located in Asia and Oceania collectively produced 1.03 billion tons of the total.
The Middle East produced 32.3 million tons of crude steel during the period, posting an increase of 7.9% compared with the same period of last year.
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 industrial associations, with members in every major steel-producing country.
Iran's September output hit 2.7 million tons, registering a 26.7% year-on-year rise
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 the Worldsteel report produce 85% of global steel. These steelmakers produced 1.91 billion tons of steel last year, up 3.6% YOY.
In 2021, countries located in Asia and Oceania collectively produced 1.38 billion tons of the total while the Middle East produced 41.2 million tons of crude steel, posting an increase of 1.2% compared with the same period of the previous year.
Iranian steel mills produced a total of 28.5 million tons of crude steel in 2021, registering a 1.8% decline compared with 2020.
Mobarakeh Steel Company is the biggest steelmaker in Iran and the Middle East and North Africa region, accounting for about half of the country's steel production.
Latest data released by the Iranian Steel Producers Association show Iranian steelmakers registered growth in production during the first six months of the current fiscal year (March 21-Sept. 22) compared with last year’s corresponding period.
The output of semi-finished products stood at 15.39 million tons during the period, 19% more than in the corresponding period of last year.
Production of billet and bloom reached an aggregate 9.36 million tons, registering a 21% year-on-year rise while that of slab reached 6.03 million tons to mark a 15% YOY rise.
The output of finished steel increased by 11% to 10.31 million tons during the period.
Long steel products grabbed the highest share of finished steel production with 5.79 million tons, registering a 9% increase compared with the similar period of last year.
The production of rebar stood at 4.76 million tons (up 9% YOY), beams hit 595,000 tons (up 5% YOY) and L-beam, T-beam and other types of beams amounted to 430,000 tons (up 10% YOY).
Flat steel reached 4.52 million tons (up 14% YOY) while hot-rolled coil output had the biggest share of flat steel production with 4.37 million tons, marking a 12% YOY rise. It was followed by cold-rolled coil with 1.23 million tons (up 1% YOY) and coated coil with 715,000 tons (down 2% YOY).
The output of direct-reduced iron reached 17.69 million tons during the period, up 20% YOY.
