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Iran objects to World Steel Association data: “We maintain our 10th place ranking”

Dr. Mehdi Mohammadi, Chairman of the Iranian Alloy Steel Producers Association, objected to the World Steel Association (worldsteel) report that lists Vietnam as the world’s 10th largest steel producer.

Iran objects to World Steel Association data: “We maintain our 10th place ranking”

Speaking to Petrometals, Mohammadi argued that Iran has maintained its position in the global ranking and that the report is based on incorrect data.

Production gap with Vietnam reaches 860 thousand tons

Refuting the World Steel Association’s claim that Vietnam rose to 10th place with 6.4 million tons of production in the first quarter of the year, Mohammadi shared detailed figures. He stated that Iran produced 7.26 million tons of steel in the last quarter of 2025, which roughly corresponds to the first quarter of 2026, emphasizing that this figure is 860 thousand tons higher than Vietnam’s production. Mohammadi also noted that the first quarter of 2026 (January 1–March 31, 2026) corresponds to the period between 11 Dey 1404 and 11 Farvardin 1405 in the Iranian calendar, and that during this period, Iran maintained its position as the world’s 10th largest steel producer, following Brazil, which produced 8.1 million tons.

Warning over attacks on key facilities and energy restrictions

Expressing concerns about the future of the sector, Dr. Mohammadi stated that hostile attacks carried out by the United States and Israel on March 27, 2026 targeted Mobarakeh Steel and Khuzestan Steel. He warned that these attacks would lead to a decline in production and called on government authorities to exempt steel plants from any electricity and natural gas restrictions. Mohammadi emphasized that stable energy supply is a prerequisite for facilities to operate at maximum capacity and added that the Alloy Steel Association fully supports the reconstruction process of the affected plants.

Mohammadi stated that Iran’s total steel production exceeded 32 million tons in 2024, but capacity utilization remained at 63%, arguing that this reflects the scale of energy supply challenges. He also recalled that Vietnam ranked 11th in 2025 with 24.7 million tons of production and increased its output by 10% in the first quarter of 2026, warning that without necessary measures, Iran could risk losing its position. Mohammadi concluded by emphasizing that with sustainable energy supply and proper management, the global standing of Iran’s steel industry—critical to the country’s economy—can be preserved.

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