WSA: Iran’s 10-month crude steel production tops 25m tons
Iranian steelmakers churned out 25.1 million tons of crude steel in the first 10 months of 2023, according to statistics released by the World Steel Association (WSA) on Wednesday, indicating that the country stands at tenth place among steel producing countries.
The country’s steel ingot production for October 2023 registered a 3.5 percent growth compared to the figure for October 2022.
World crude steel production for the 63 countries reporting to the association was 150 million tons in October 2023, a 0.6 percent increase compared to October 2022.
China produced 79.1 million tons in October 2023, down 1.8 percent over October 2022, while India produced 12.1 million tons of steel ingots last month, up 15.1 percent compared to the figure for last year, as Japan produced 7.5 million tons, up 2.6 percent compared to the same month last year.
The United States produced 6.8 million tons of crude steel in August, up 3.4 percent. Russia is estimated to have produced 6.3 million tons, up 9.5 percent. South Korea produced 5.5 million tons, up 6.5 percent.
The World Steel Association is one of the largest and most dynamic industry associations in the world, with members in every major steel-producing country. The WSA represents steel producers, national and regional steel industry associations, and steel research institutes.
Members represent around 85 percent of global steel production.