WSA: Iran’s four-month crude steel production up 7.2%
Iranian steelmakers churned out 10.3 million tons of crude steel in the first four months of 2024, according to statistics released by the World Steel Association (WSA), indicating that the country stands at tenth place among steel producing countries.
The country’s steel ingot production for April 2024 was estimated at 2.7 million tons registering a 12.3-percent shrinkage compared to the figure for April 2023.
World crude steel production for the 63 countries reporting to the association was 155.7 million tons in April 2024, a five percent drop compared to April 2023.
China produced 85.9 million tons in last month, down 7.2 percent over April 2023, while India produced 12.1 million tons of steel ingots last month, up 3.6 percent compared to the figure for last year, as Japan produced 7.1 million tons, down 2.5 percent compared to the same month last year.
The United States produced 6.7 million tons of crude steel in April, down 2.8 percent. Russia is estimated to have produced 6.2 million tons, down 5.7 percent. South Korea produced 5.1 million tons, down 10.4 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.