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Number Seven Thousand Five Hundred and Eighty Six - 22 June 2024
Iran Daily - Number Seven Thousand Five Hundred and Eighty Six - 22 June 2024 - Page 2
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WSA: Iranian five-month crude steel production up 9%

Iranian steelmakers churned out 14 million tons of crude steel in the first five months of 2024, up 9.1% compared to corresponding figure of preceding year, according to statistics released by the World Steel Association (WSA) on Friday, indicating that the country stands at ninth place among steel producing countries.
The country’s steel ingot production for May 2024 registered a 2.1-percent increase compared to the figure for May 2023.
World crude steel production for the 71 countries reporting to the association was 165.1 million tons in May 2024, a 1.5-percent rise compared to May 2023.
China produced 92.9 million tons in May 2024, up 2.7% over May 2023, while India produced 12.2 million tons of steel ingots last month, up 3.5% compared to the figure for last year, as Japan produced 7.2 million tons, down 6.3% compared to the same month last year.
The United States produced 6.9 million tons of crude steel in May, down 1.5%. Russia is estimated to have produced 6.3 million tons, down 0.9%. South Korea produced 5.2 million tons, down 10.9%.
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.
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