Posted on 16 Mar 2016
Iran produced 1.3 million tons of crude steel in January 2016, with five percent fall from the same month in the past year, according to a report out by the World Steel Association (WSA).
The report says that Iran produced 1.366 million tons of crude steel in January 2015, the Tasnim news agency reported on Monday.
World’s crude steel production fell by seven percent to 127.7 million tons in January 2016 from 137.5 million tons in January 2015, according to the WSA’s report.
Iran was placed fourteenth among the other world’s steel producing countries in 2015, WSA said in its January report.
Iran produced 16.11 million tons of crude steel in 2015, a decrease of 1.4 percent compared to its crude steel output in 2014 which amounted to 16.331 million tons.
World’s crude steel production for the 65 countries reporting to the WSA was 1622.8 million tons in 2015, indicating a 2.8 percent fall from 2014.
China, Japan, and India were the three biggest crude steel producers in 2015, with 803.8 million tons, 105.2 million tons, and 89.6 million tons of output, respectively.
According to Iranian Ministry of Industries, Mines and Trade, Iran’s crude steel output is projected to increase to 18 million tons in the current Iranian calendar year (which will end on March 19). The figure is to reach 55 million tons by 2025.
According to the WSA, Iran was the biggest producer of crude steel in the Middle East in 2013. The country’s rank was 14th in the world in 2014.
Iranian Deputy Industry, Mining, and Trade Minister Mehdi Karbasian said in last July that the country’s annual crude steel exports is planned to reach four million tons in the current Iranian calendar year.
