Iran’s Steel Production Hits 32 Million Tons Amid Energy Recovery

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Iran’s steel production shows strong growth, reflecting resilience in the country’s industrial sector. Steel production reached three million tons last month, marking a 16 percent increase compared to last year. This boost helped Iran maintain its place among the top ten steel producers worldwide, with a total output of nearly 32 million tons. Globally, steel production declined slightly, falling two percent compared to last year. In the same period, China, the world’s largest producer, saw a drop in output. Chinese mills produced 68 million tons in the last month, a decline of over ten percent from last year. In contrast, Iran’s steel production continued rising, highlighting the sector’s steady recovery.

The Iranian Steel Producers Association reported that output in the first half of the year increased by three percent. This improvement came after earlier challenges, when some mills faced severe power cuts. To maintain production, mills secured electricity from free-market and green sources and relied on captive power plants. Experts say these strategies helped the industry overcome last year’s widespread power outages. Among products, rebar and iron ore concentrate showed the strongest growth. Their higher output resulted from lower energy use and growing export demand. Meanwhile, flat steel products, such as sheets and plates, fell slightly. Weak domestic demand and continued imports contributed to the decline. Industry officials noted that imports remain unnecessary given the large idle capacity of Iranian rolling mills.

Looking ahead, Iran aims to raise steel production to 55 million tons by 2030. Officials plan to achieve this by using energy-efficient and low-carbon technologies. Analysts say the current growth shows that proper energy management and investment in production can drive long-term stability. Overall, the steel production sector in Iran demonstrates resilience, adaptability, and potential for further expansion. Stronger coordination among producers and improved energy strategies support this upward trend. The country’s rising output also strengthens its position in the global steel market.

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