Iron and Steel

23% increase in Iran`s crude steel production

23% increase in Iran`s crude steel production
Mining News Pro - In the first seven months of 2018, Iran and the world`s crude steel production increased by 23.6 percent and 5 percent, respectively, compared to the same period last year.
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According to Mining News Pro - Iran produced 14 million and 457 thousand tons of crude steel in the first seven months of 2018, according to the World Steel Association. This figure was 11.69 million tons in the same period last year.


Iran also produced 1,981,000 tons of crude steel in July 2018, an increase of 13.5 percent in the same period a year ago, an increase of 13.2 percent in the same period last year.
In the 7th month of 2018, 64 steel-producing countries totaled 1.35 million and 36,39 thousand tons of steel, up 5 percent from a year earlier (988 million and 587 thousand tons). The global crude steel production rose 5.8 percent to 154.56 trillion tons in July.


China`s crude steel output increased by 6.3 percent in the last 7 months, and the country was the world`s largest producer of crude steel with 532 million and 846,000 tons. India with 61 million and 831 thousand tons of crude steel, Japan with 61 million and 390 thousand tons, the United States with 49 million and 334 thousand tons, South Korea with 42 million and 238 thousand tons, and Russia with 42 million and 94 thousand tons, the highest amount of crude steel produced in the year 2018 after China.


Also in July 2018, steel production in Turkey dropped 2.3 percent year-on-year to 3,266,000 tons, compared to the same period last year.
49% increase in production of sponge iron in the first 7 months of this year, Iran produced 15 million and 277 thousand tons of sponge iron, which represents a 49% increase from the same period in 2017. The amount of iron sponge production in Iran last year was 10 million and 256 thousand tons.


Iran`s sponge iron production in July 2018 increased by 41.2% compared to the same period last year, reaching 2 million and 19 thousand tons.


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