BAKU, Azerbaijan, October 20. Crude steel consumption in Iran decreased by 5.6 percent in the first six months of the current Iranian year (from March 21 through September 22, 2025) compared to the same period last year (from March 20 through September 21, 2024).
Data obtained by Trend from the Iranian Steel Producers Association (ISPA) indicates that the country consumed 10.9 million tons of crude steel during this period, down from 11.6 million tons in the previous year (9.68 million tons).
Moreover, Iran's consumption of steel products fell by 6.6 percent to 9.04 million tons, while sponge iron use rose slightly by 1.9 percent to 20.6 million tons compared to the same period last year (20.2 million tons). Iron ore pellet consumption dropped by 5.1 percent to 25.2 million tons, and iron ore concentrate use declined by 0.8 percent to 32.4 million tons compared to the same period last year(32.7 million tons).
The report noted that Iran’s annual steel production capacity is around 40 million tons.
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