Steel production situation during the first 11 months of 2020

According to the report of “Deputy of Economic Studies of Tehran Chamber”, Steel production The world crude in November 2020 was about 163 million tons, which is a decrease of 3% compared to last month and an increase of 6.6% compared to the same period last year. Studies also show that China’s crude steel production also declined for the third month in a row, reaching 87.7 million tonnes in November 2020, down 3.1 percent from the previous month and up 8 percent from November 2019. The downward trend in Turkish crude steel production stopped after two consecutive months and reached 3.2 million tons in November 2020, which increased by 0.4% and 11.6%, respectively, compared to the previous month and November 2019.

Finally, it can be said that during the 11 months of 2020, Iran produced about 26 million tons of crude steel, which is an increase of about 13% compared to the same period last year. Among neighboring and neighboring countries, after Russia (65.2 million tons) and Turkey (32.4 million tons), Iran is the third largest producer of crude steel during this period. The data also show that in the first 11 months of 2020, with the exception of Uzbekistan, Iran, Pakistan and Turkey, other countries experienced a decline in crude steel production compared to the same period last year.

.Source