Iran produced 19.7 million metric tons (mt) of crude steel in the first eight months of 2023, retaining its position as the tenth largest steel producer in the world, according to new data.
Figures released by the World Steel Association on Monday showed that from January to the end of August 2023, global crude steel production from 63 countries exceeded 1.25 billion mt, a marginal growth of 0.2% compared to the same period last year.
Iran accounted for 19.7 million mt of the global production in the first eight months of this year, registering a 1.1% increase compared to the same period in 2022.
In August, however, Iran produced 1.6 million mt of crude steel, a decline of 24.1% from the same month last year.
Global production stood at 152.6 million mt in August, up 2.2% from August of last year.