Iran retains world’s 10th spot as crude steel output hits 28m tons
Iranian steel producers manufactured 28 million tons of crude steel in the first 11 months of 2024, reflecting a 0.5% increase compared to the same period last year.
According to the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), citing the World Steel Association’s latest report, Iran maintained its position as the world’s 10th-largest steel producer from January through November 2024.
In November alone, Iran produced 3.1 million tons of crude steel, a 0.1% increase compared to November 2023.
The World Steel Association reported global crude steel production for the first 11 months of 2024 at over 1.694 billion tons, reflecting a 1.4% year-on-year decline. November’s global output reached 146.8 million tons, an increase of 0.8%.
Notable regional trends included a 4.1% production drop in North America (97 million tons) and the Russia-Ukraine-Commonwealth of Independent States (CIS) region (approximately 80 million tons). Meanwhile, non-EU European countries reported a 5.2% increase (40 million tons), and EU member states posted a 2.2% rise (119 million tons).
China, the world’s top producer, recorded a 2.7% decline in production to 929 million tons in the first 11 months of 2024.
Among other leading producers:
- India produced approximately 136 million tons, marking a 5.9% increase.
- Japan’s output fell 3.6% to 77.1 million tons.
- The United States recorded a 2.2% drop, producing 72.9 million tons.
- Russia’s production declined 3.6% to 64.9 million tons.
- South Korea saw a 4.9% decrease, with 58.3 million tons produced.
- Germany’s production rose by 5.3% to 34.5 million tons.
- Turkey recorded the highest growth among the top 10, with an 11.2% increase to 33.9 million tons.
- Brazil produced 32.5 million tons, reflecting a 5.6% rise.
These countries ranked first through ninth in global steel production during the period.