Iranian steel mills registered a 21.1% rise in crude steel production with an output of 5.1 million tons during the first two months of 2023, latest data released by the World Steel Association show.
Iran's February output hit 2.4 million tons, registering a 14.6% year-on-year rise.
In terms of world ranking, Iran maintained its global standing as the world’s ninth biggest crude steelmaker.
Iran registered the biggest growth in crude steel production during the period among the top 10 producers in the world.
China was the world’s largest producer with 168.7 million tons, up 5.6% year-on-year. It was followed by India with 21.3 million tons (up 1%), Japan with 14.1 million tons (down 6.1%), the United States with 12.6 million tons (down 5.6%), Russia with 11.7 million tons (down 5.4%), South Korea with 11.1 million tons (down 1%) and Germany with 5.9 million tons (down 8.6%).
Iran is placed after Brazil (eighth) with 5.3 million tons (down 5.8%) while Turkey comes after Iran with 4.7 million tons (down 23.1%).
The world’s 63 steelmakers produced 297.8 million tons of crude steel in the period, down 0.8%. Countries located in Asia and Oceania collectively produced 223.9 million tons of the total.
The Middle East produced 7.4 million tons of crude steel during the period, registering an increase of 17.1%.
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.
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 1.83 billion tons of steel last year, down 4.3%.
In 2022, countries located in Asia and Oceania collectively produced 1.35 billion tons of the total while the Middle East produced 44 million tons of crude steel, posting an increase of 7.1% compared with the same period of the previous year.
Iranian steel mills produced a total of 30.6 million tons of crude steel in 2022, registering an 8% growth compared with 2021.
MSC is the biggest steelmaker in Iran and the Middle East and North Africa region, accounting for about half of the country's steel production.
The state-owned company is located 65 km southwest of the city of Isfahan, near the city of Mobarakeh in Isfahan Province. It is one of the largest industrial complexes operating in Iran.
MSC was commissioned after the victory of Iran’s Islamic Revolution in 1979 and initiated operations during 1993. It underwent major revamping during the 2000s.
MSC's products consist of hot- and cold-rolled sheets and coils, narrow strip coil, tinplate sheet, galvanized coil, pre-painted coil and slab produced according to national and international standards.
These products meet the needs of various industries, such as automotive, home appliances, pipe making, pressure vessels, food, chemical and medical packing, construction, transportation, naval industries and metal equipment.
