Production of Iron and Non-Alloy Steel in Ingot in Iran - 2022

Iron and Non-Alloy Steel in Ingot Production in Iran - 2022

Production of iron and non-alloy steel in ingots in Iran expanded to 30M tons in 2022, increasing by 1.9% compared with the previous year. In general, production recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 5,482%. Over the period under review, production of attained the maximum volume in 2022 and is likely to continue growth in the immediate term.

In value terms, production of iron and non-alloy steel in ingots totaled $229.1B in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Source: IndexBox Market Intelligence Platform

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