Iran’s crude steel output exceeds 25m tons in 10 months: WSA

Production of crude steel in Iran reached 25.1 million tons in the first 10 months of 2023, registering a 0.1 percent decline as compared to the same period of time in the past year, according to the latest report released by the World Steel Association (WSA).
The WSA data put the world’s 10-month crude steel production at 1.567 billion tons, IRNA reported.
The report shows that Iran’s crude steel output also stood at 3.1 million tons in October, and Iran maintained its place as the world’s 10th largest steel producer in the mentioned period.
The world’s 71 steel producers managed to produce 150 million tons of steel in October 2023, 0.6 percent more than the figure for the previous year’s same month.
Based on the WSA report, China, India, Japan, the U.S., and Russia were the world’s top steel producers in the first 10 months of 2023, respectively.
The previous WSA report had put Iran’s steel output in the first nine months of 2023 at 22.1 million tons, also 0.6 percent less than the same period