Steel manufacturing is carefully associated to many downstream industries reminiscent of cars, development, electronics, mechanical engineering, and electrical engineering.
In Iran, metal is extensively used within the development of dams, buildings, bridges, ships, factories, and family home equipment, and likewise holds a particular place in main industries reminiscent of car manufacturing, petrochemicals, and transportation.
Global metal demand is anticipated to extend by 1.9% year-on-year to 1.8 billion tonnes in 2024. According to the World Steel Association, Iran produced 31.1 million tons of crude metal in 2023, a rise of 1.8% from the earlier yr. This manufacturing accounted for 58.4% of West Asia’s complete metal manufacturing in the identical yr.
We began producing iron since our ancestors began mining and smelting iron. More than 4,000 years in the past, folks in Egypt and Mesopotamia found iron and used it for ornaments. But it took one other 2,000 years earlier than folks started producing iron from mined iron ore.
One of essentially the most plain miracles concerning the Qur’an is the implication that iron is “despatched” quite than from the earth. This thought was unknown to the Arabs greater than 1,450 years in the past.
Chapter 57 of Surat al-Hadid (Iron) says: Indeed, Allah is mighty and exalted in energy. ”
More than 95% of the world’s base metallic manufacturing is said to metal and alloy metal, whereas consumption of different metals reminiscent of aluminum, lead and zinc is lower than 5%.
The historical past of the trendy metal business started within the late 1850s, and since then metal has change into a mainstay of the world’s industrial economic system, with world manufacturing greater than tripling over the previous 50 years.
Even as nations such because the United States and Russia cut back home manufacturing and depend on imports, growing and newly industrializing nations are more and more responding to the necessity to construct the commercial infrastructure wanted for his or her metal industries. has invested extra within the metal business. Transition to growth.
As of June 2024, China accounts for 43% of the world’s metal manufacturing with 967,000 tons, adopted by India in a distant second place with 8%.
Iran is searching for $20 billion to develop its home business, and the nation’s metal manufacturing is estimated to succeed in 55 million tons by 2025.
In May 2024, Iran achieved the milestone of manufacturing 3.3 million tons of metal, a rise of two.1% year-on-year in the identical month, quickly placing the nation forward of Germany, Turkey and Brazil among the many world’s metal producers. This pushed him as much as seventh place. .
Far East Asian nations reminiscent of Malaysia, Singapore, Myanmar, Taiwan, Thailand, the Philippines, and Indonesia are the primary importers of Iranian metal. Before 2017, a few of Iran’s metal exports went to Europe, earlier than the European Commission imposed excessive commerce tariffs on Iranian merchandise below stress from the United States.
In addition to plentiful iron ore and vitality assets, Iran has a younger workforce, which provides it a relative benefit in metal manufacturing in comparison with developed nations reminiscent of Germany, Japan, and South Korea.
The nations talked about have to acquire nearly 100% of their iron ore and about 90% of the vitality required for metal manufacturing by way of imports, and due to this fact, not like Iran, the worldwide costs of iron ore, coal and metal scrap It is extra vulnerable to fluctuations.
But what Iran lacks is entry to trendy metal manufacturing know-how, and sanctions have made producing high-alloy metal practically inconceivable. Alloy metal combines carbon metal with different alloying components so as to add or improve sure materials properties, reminiscent of power, hardness, and corrosion resistance.
As a outcome, crude metal, which makes use of up a lot of the vitality consumed by business, accounts for the majority of Iran’s exports, with higher-value completed merchandise taking part in a much less vital function.
MNA/Press TV