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Steel Output Growth above World Average

Iran’s output growth rate during the mentioned period was more than the average output figures of the world’s main producer countries such as China, India, USA, France, Germany, Italy, Spain, Russia, Ukraine, Canada, Mexico, Brazil, Japan and Great Britain. According to the World Steel Association, Iran was the second leading steel producer in the Middle East in 2010 after Turkey. Iran also ranked 7th among the Asian producers. Iran will become one of the world’s main steel exporters by March 2016 and plans to reach the production capacity of 42 Mt/a. The nation’s steel production capacity is currently 19 Mt/a. The World Steel Association’s report also shows that Iran’s crude steel production increased to 3,38 Mt from 1 Jan. to 31 March 2011 (06/2011).

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