According to Vahid Yaghoubi, the country’s steel production reached 30.4 million tons in the previous year, while the output stood at 28 million tons in the year 1400, IRIB reported.

The official noted that steel production in the country also increased by 10.5 percent in the first three months of the current calendar year (March 21-June 21) as compared to the same quarter in the previous year.

Yaghoubi estimated Iran’s steel production to reach 32 million tons in the current year.

As recently announced by the World Steel Association (WSA), Iran is ranked eighth among the world’s top steel-producing countries in the first six months of 2023.

Production of crude steel in Iran reached 16.1 million tons during the mentioned six months, registering a 4.8 percent increase year on year, according to WSA data.

The Islamic Republic stood at 10th place among the world’s biggest steel producers in the first half of 2022.

Iran’s monthly crude steel output stood at 3.2 million tons in June, indicating an increase of 17.4 percent compared to the figure for June 2022. The world’s producers managed to produce 158.8 million tons of steel in the said month to register a 0.1-percent drop year on year.

The Iranian steel industry has been constantly developing over the past years against all the pressures and obstacles created by outside forces like the U.S. sanctions and the coronavirus outbreak that has severely affected the performance of the world’s top producers.

Back in February, the WSA reported that Iran’s crude steel production increased by eight percent in 2022 when the production by the world’s top 64 steelmakers declined by 4.2 percent.

Iran was ranked first among the world’s top steel producers in terms of production growth in the previous year.

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ISPA statistics show that in the same period last year, the figure stood at 13.89 million tons, IRNA reported.

During the six-month period to September 21, 2020, Iran produced 8.63 million tons of steel blooms and billets as well as 5.75 million tons of steel slabs, with the figures showing year-on-year growths of 13 percent and six percent respectively.

In the same time span last year, the figures stood at 7.67 million tons (billets and blooms) and 5.41 (slabs).

Steel products

In addition, this year, the country produced over 11 million tons of steel products, indicating an eight percent increase compared to that of the same duration last year, which stood at 10.17 million tons.

Earlier, the former caretaker of the Ministry of Industry, Mine and Trade, Jafar Sarqeyni, said the capacity of the country’s steel chain has reached 230 million tons in the current calendar year, from 123 million tons in 2013.

He noted, “Today, thanks to efforts by Iranian experts, Iran’s annual raw steel output stands at 37 million tons despite US cruel sanctions.”

According to ISPA figures in September, Iran produced over 9.6 million tons of steel ingots during March 20-August 21, showing a 19 percent increase compared to last year’s figure.

The production of steel ingots during the corresponding five-month period of last year amounted to 8.09 tons.

The report added that over 8.3 million tons of steel products were produced during the said period, indicating a 16 percent hike compared to the figure for the same period of the preceding year, which was 7.22 million tons.

Figures released by the World Steel Association (WSA) on August 24 showed that Iranian steelmakers produced over 16.2 million tons of crude steel during the first seven of 2020, marking a 10.7 percent rise compared to the figure for the same time span of 2019, which was 14.6 million tons.

Iran produced 2.3 million tons of crude steel in July, showing a 14.3 percent increase compared to the figure for the same month of 2019, which stood at 2.04 million tons.

Iran produced 31.9 million tons of crude steel in 2019, according to the WSA figures released in January.

The country plans to increase its annual steel production capacity to 55 million tons by 2025, with exports expected to reach between 10 million tons and 15 million tons per year.

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Over 9.483 million tons of steel ingots were produced during the four-month period of this year, rising from 8.683 million tons of the product produced in the first four months of the previous year, reported IRNA.

Production of steel ingots in Iran is expected to surpass 30 million tons in the current Iranian year (ending March 20, 2021), announced Deputy Industry, Mine, and Trade Minister Darioush Esmaeili.

The official underscored that the country is planning to rise to eighth place by the Iranian calendar year 1404 (to start in March 2025).

“Given the country’s 2.8-billion-ton iron ore reserves, we need new explorations in this field, because when the annual steel ingot production capacity reaches 55 million tons, the current production levels of iron ore can only supply the industry for 12 to 13 years,” the official stated.

He further noted that over 90 million tons of iron ore were produced in the country during the previous Iranian calendar year (ending March 19), of which only seven percent was exported.

The Ministry of Industry, Mine, and Trade has announced that production of iron ore concentrates in Iran reached 47.306 million tons in the previous Iranian calendar year, registering a four-percent rise compared to the preceding year.

Iran’s export of steel products in the past Iranian year rose 27 percent compared to the preceding year.

As reported, the country’s major steel producers exported about 7.33 million tons of the products last year.

According to Esmaeili, 10 years ago Iran exported more than 20 million tons of unprocessed iron ore and the figure fell to a maximum of six million tons last year.

Iranian steelmakers produced nearly 13.9 million tons of crude steel during the first half of 2020, marking a 10.2 percent rise compared to the figure for the same period in 2019, which was 12.6 million tons.

According to figures released by the World Steel Association (WSA) on July 23, Iran produced 2.4 million tons of crude steel in June, showing a 5.3 percent increase compared to the figure for the same month of 2019, which was 2.3 million tons.

Iran produced 31.9 million tons of crude steel in 2019, according to the WSA figures released in January.

The country plans to increase its annual steel production capacity to 55 million tons by 2025, with exports expected to reach between 10 million tons and 15 million tons per year.

WSA is one of the largest and most dynamic industry associations in the world. WSA members represent approximately 85 percent of the world’s steel producers, including over 150 steel producers, with nine of the 10 largest steel companies, national and regional steel industry associations, and steel research institutes.

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A report published by the Iranian Steel Producers Association (ISPA) showed that total steel output in the country had surged in the three-month period ending June 20, to top 7.135 million tons, reported Press TV.

The surge came despite the 8.7 percent fall reported in the global production of the metal at the end of May which had come mainly as a result of the spread of the COVID-19 pandemic.

Iran closed down many steel mills in early March after the coronavirus pandemic imposed a lockdown on industrial and business activity.

However, breakdown figures by ISPA showed that Iranian mills pumped out 12 percent more steel slabs this year compared to the March-June period in 2019, to reach a total production of three million tons.

Production of billet and bloom decreased slightly, by three percent, over the three-month period as mills churned out a total of 4.1 million tons, added the report covered by the official IRNA news agency.

Moreover, the report said that Iran’s steel product output also increased between late March and late June, which corresponds to the first quarter of the Iranian fiscal year, to stand at 5.3 million tons.

Total production for sponge iron, also known as direct-reduced iron (DRI), also surged by 12 percent year-on-year in June, to top 8.1 million tons, it said.

The 10th largest producer of steel in the world, Iran eyes a slight increase in annual steel production in 2020 despite a projected fall in the global output because of the pandemic and also the fact that the country’s metals and mining sector remain under a series of US sanctions.

Iran cast a total of 28 million tons of steel in the year ending March 2019, of which just more than a fourth, around 8.5 million tons, was shipped to other countries.

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