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Production of 22.5 million tons of Iranian steel in the first 10 months of 2021


According to Eqtesadonline, quoting Fars, the World Steel Association announced in its latest report, Iran’s steel production in October 2021 (October 1400) compared to the same period in 2020 decreased by 15.3 percent to 2.2 million tons.

Iran’s steel production in September 2021 (September 1400) was negative for the first time during the corona outbreak, and compared to the same period in 2020, it had decreased by 51.4 percent to 1.3 million tons.

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Iranian steel production

Therefore, in October, a lot of steel production has compensated for a large part of this decrease.

Also, according to this report, Iran’s steel production in the first 10 months of this year has reached 22.4 million tons, which shows a decrease of 5.7 percent compared to the same period in 2020.

Iran is still among the top 10 steel producing countries in the world

According to the report, in February 2021 (February 2015), Iran was ranked tenth among the world’s largest steel producers, which has maintained the same position since that month, despite this 51% decline.

China with 71.6 million tons, India with 9.8 million tons and Japan with 8.2 million tons are the first to third largest steel producers in the world.

However, China’s production fell 23.2 percent from October last year, down 21.2 percent from the previous month.

After these countries, the United States produced 7.5 million tons, Russia with 6.1 million tons, South Korea with 5.8 million tons, Germany with 3.7 million tons, Turkey with 3.5 million tons, Brazil with 3.2 million tons and Iran with 2.2 million tons. They occupy the fourth to the tenth.

With the onset of the coronavirus epidemic in the world in December 2019, industries, factories and almost all countries were shut down and caused countless economic losses in the world, but after more than a year of this situation, some countries are Are their relative recovery.

Of course, Iran had a good upward trend during all this time, but for the first time in September, Iran’s production decreased, and in October, despite the decrease, a large part of this decrease has been compensated. Of course, it is said that this decrease in production in September may have been due to power outages of steel plants in the country due to electricity shortages.

69% of regional steel production in the hands of Iran

Also, steel production in West Asia, due to a decrease of more than 15% in Iranian steel production, this month decreased by 12.7% compared to the same period last year and reached 3.2 million tons.

With a production of 2.2 million tons in Iran this month, 68.75% of West Asian steel production is in the hands of Iran.

According to the report, US steel production increased by 20.5% compared to October last year, and is the largest increase in the top 10 steel producing countries this month.

After that, the production of Japanese and Brazilian steel increased by 14.3% and 10.4%, respectively, compared to October of last year, and were in the second and third place of the production increase.

This month, except for Iran, South Korea and China decreased production compared to the same period in 2020.

Since the outbreak of Corona in the world, despite the negative growth in other countries during the growth period, the growth of Iranian steel production has remained positive.

In February 2021 (February 2015), with a growth of 11.5 percent, Iran had the highest growth compared to February 2020 among the top ten steel producing countries.

Also, in February 2020, it had the highest increase in production among the top ten steel producing countries in the world.

But the positive trend has suddenly diminished in September and October.

Decreased world steel production compared to last year

According to the report, world steel production in October 2021 decreased by 10.6% compared to the same period last year and reached 145.7 million tons.

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World steel production

EU steel production rose 13.4 million tonnes in October, up 6.4 percent from a year earlier.

Asia-Pacific produced 100.7 million tons of steel in October 2021, down 16.6 percent.

North American steel production also increased by 16.9 percent compared to the same period last year and reached 10.2 million tons.

CIS steel production also fell 0.2 percent to 8.3 million tonnes during the period.

South American countries, with 12.1 percent more steel production in October, produced 4 million tons.



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