12,369.89 TRY BIST 100 BIST 100
6.23 CNY CNY CNY
50.12 EUR EUR EUR
43.17 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
36.80 TRY Interest Interest
63.54 USD Fossil Oil Fossil Oil
5.87 USD Copper Copper
126.39 USD Silver Silver
106.07 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,415.80 TRY Gold (gr) Gold (gr)
106.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

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

A trade agreement was signed between the EU and MERCOSUR after 25 years of negotiations

Sunday, January 18, 2026

Vale purchased 16 autonomous Sandvik drilling rigs

Sunday, January 18, 2026

The European Parliament will not approve the EU-US trade agreement following the new tariff decision

Sunday, January 18, 2026

Trump’s decision on customs duties for 8 European countries after the Grönland tension

Sunday, January 18, 2026

Türkiye's scrap imports decreased by 6.8% in January-November

Sunday, January 18, 2026
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