10,914.65 TRY BIST 100 BIST 100
49.12 EUR EUR EUR
42.44 USD USD USD
6.03 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
38.82 TRY Interest Interest
62.80 USD Fossil Oil Fossil Oil
72.28 USD Silver Silver
5.18 USD Copper Copper
105.99 USD Iron Ore Iron Ore
345.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,658.26 TRY Gold (gr) Gold (gr)

Iran rises from 10th to 9th in global steel production ranking

Iran has surpassed Brazil in steel production, moving up from 10th to 9th place in the global rankings.

Iran rises from 10th to 9th in global steel production ranking

According to international reports, Iran produced 14 million tons of steel in the first five months of 2025, including 3.4 million tons in May alone.

Although Iran's total production in the first five months of this year decreased by 5.3% compared to the same period last year, the country experienced a 4.5% increase in May 2025 compared to May 2024.

According to the World Steel Association, 784 million tons of steel were produced globally between January and May 2025, which represents a 1.3% decline compared to the same period in 2024.
In May 2025 alone, global steel production dropped by 3.8% compared to May 2024, reaching 158.8 million tons.

Iran’s five-month production was only 400,000 tons less than Germany, which currently holds the 8th position among the world’s top steel producers.
China, maintaining its position as the world’s largest steel producer, produced 431.6 million tons during the same five-month period—a 1.7% decrease compared to last year.

India, Japan, the United States, Russia, South Korea, and Türkiye hold the 2nd through 6th positions in global steel production.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Itac called for new comments on additional changes to steel tariffs

Thursday, November 27, 2025

IEEFA: India should prevent carbon lock-in in green steel through public finance

Thursday, November 27, 2025

Saarstahl has acquired Dutch long steel producer FNsteel BV

Thursday, November 27, 2025

Krakatau Steel speeds up financial and operational transformation with Danantara support

Thursday, November 27, 2025

GBP 2.9 million green steel investment from MPI into EAF technology

Thursday, November 27, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now