Steel producers located in the Middle East, including Iran, Qatar, Saudi Arabia, and the United Arab Emirates, together produced a total of 18.7 million tons of steel during the period, up 1.1% year-on-year.
The world’s 63 steelmakers produced 786 million tons of steel during the same period, down 1.2%.
Iran became the world’s second-largest sponge iron producer by producing 125,100,000 tons in 2022.
The country also produced 2.5 million tons of crude iron in 2022, 100,000 tons of which were exported overseas.
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