InternationalInternational Economics

Production of 7 million tons of Iranian steel in the first three months of 2022 ‌‌

According to the International Economic Reporter of Fars News Agency, the World Steel Association announced in its latest report that Iran’s steel production in March 2022 (March 1400) compared to the same period in 2021 decreased by 6.1 percent to 2.3 million tons.

Iran’s steel production in the first quarter of 2022 also decreased by 4.4 percent and reached 6.9 million tons.

The decrease in Iran’s steel production occurred in March and also in the first quarter of 2022, while all the top 10 steel producing countries in the world except India and Brazil, and in general, the world’s steel production had a period of declining production.

* Iran is still among the top 10 steel producing countries in the world

According to this report, Iran in February 2021 (February 2015), among the greatMost The world’s steel producers ranked 10th, which it has maintained since then (more details)

According to the report, Iran still maintained its tenth position last year.

China with 88.3 million tons, India with 10.9 million tons and Japan with 8 million tons are the top three steel producers in the world.

According to the report, German steel production fell the most by 11.8 percent.

China’s steel production fell 6.4 percent, Japan 4.3 percent, the United States 1.7 percent, Russia 1.8 percent, South Korea 6.1 percent and Turkey 2.9 percent.

Indian and Brazilian steel production increased by 4.4% and 5.4%, respectively.

* Iran produced 28.5 million tons of steel last year

Also, according to the statistics of this international organization, Iran’s steel production has reached 28.5 million tons in 2021, which shows a decrease of 1.8 percent compared to 2020.

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* 66% of West Asian steel production in the hands of Iran

Steel production in West Asia, which has declined due to declining production in Iran, increased by 3.5 percent this month compared to the same period last year and reached 3.5 million tons.

Iran accounted for 65.71% of West Asian steel production, up from 2.3 million tonnes in March.

* Decrease in world steel production in the third month of 2022

According to the report, world steel production in March 2022 decreased by 5.8% compared to the same period last year and reached 161 million tons.

World steel production also fell 6.8 percent in the first quarter of this year to 456.6 million tons.

Production of 7 million tons of Iranian steel in the first three months of 2022 ‌‌

EU steel production fell to 8.8 million tonnes in March, down 8.5 percent from a year earlier.

Asia-Pacific countries produced 118.6 million tons of steel in March 2022, which is 5% less.

North American steel production also fell 2.8 percent year-on-year to 9.7 million tons.

The Commonwealth of Independent States, Russia and Ukraine also fell 19.2 percent to 7.4 million tonnes during the period.

South American steel production also increased by 1.7 percent to 3.7 million tons.

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