Group Others
Iran’s global ranking in minerals output
(Minews) - A report by the Ministry of Industry, Mine and Trade reveals Iran's global ranking in production of five strategic commodities, namely steel, cement, iron ore, aluminum and automobiles, from 2010 to 2014.

According to the report, Iran's rank stood at 14, 4 and 9 in steel, cement and iron ore production respectively in 2014. Iran's name does not appear in the 2014 global ranking for aluminum production, while the country ranked as the world's 18th largest automaker. As per the report, China is the leading country in all five major industries.  

Steel Production at Over 16m Tons
Iran ranked 14th in the world in crude steel production in 2014, increasing output by 5.7% over the previous year's level to 16.331 million tons.

Iran's steel production grew by 10%, 8.7%, 11.2%, and 6.4% respectively in the four years leading to 2014. Iran's global ranking has improved from 17 in 2010 to 16, 15, 15 and 14 from 2011 to 2014.

China ranked first with 822.7 million tons in crude steel production in 2014, representing 50.3% of the world's total production. Japan with 110.7 million tons, representing 6.8%, and the US with 88.3 million tons, representing 5.4% of the world's total production were ranked second and third respectively.

India, South Korea, Russia, Germany, Turkey, Brazil, Taiwan, Italy, Ukraine and Mexico are other top steel producing countries.   

World's 4th Cement Producer
Iran was ranked as the world's fourth biggest cement producer in 2014 with 75 million tons, accounting for 1.8% of global production. Iran's share in the global cement production in the years 2010 to 2013 stood at 1.5%, 1.7%, 1.8% and 1.8% respectively.

China, India and the US were top cement producers in 2014, producing 2,500, 280 and 83 million tons respectively. China's share in the global cement production was 59.8%, while India and the US each represented 6.7% of global production.

Iran's global ranking in cement production has remained unchanged over the past four years, having improved from the fifth rank in 2010. Cement production has grown by 25%, 22%, 14.8%, 2.9% and 4.2% respectively from 2010 to 2014.

Iron Ore Production at 45m Tons
Iran's iron ore production reached 45 million tons in 2014, placing the country as the ninth largest iron ore producer in the world. Iran's ranking stood at 10, 10, 10, and 9 in 2010-13 respectively. The country has experienced 15.2%, 0%, 32.1%, 35.1% and -10% growth in the mineral's production from 2010 to 2014.  

China was the leading iron ore producer with 1,500 million tons representing 46.6% of global production, followed by Australia with 660 million tons and Brazil with 320 million tons representing 20.5% and 9.9% of global production respectively.    

Aluminum Production
Iran's name does not appear in the global ranking of the biggest aluminum producers in 2014. This is while Iran's ranking in the years 2010-13 had stood at 27, 28, 25 and 21 respectively. The report also suggests that Iran's aluminum production has grown annually by 16.7%, 2.7% and 30.4% from 2011 to 2013 respectively.

A review of the world's top ten aluminum producing countries indicates that China dominated global aluminum production in 2014 with 23.3 million tons, accounting for 47.6% of global production.

Russia was the second largest aluminum producer in 2014, recording 3.5 million tons in production and accounting for 7.1% of the world's production. This is while Canada ranked as the third producer with 2.94 million tons, representing 6% of global aluminum production.

World's 18th Automaker

Iran ranked as the world's 18th largest automaker in 2014, having manufactured more than 1 million motor vehicles, including more than 925,000 cars and over 164,000 commercial vehicles. Iran's global ranking stood at 13, 13, 18, 20, and 18 respectively from 2010 to 2014, having recorded annual growth of 14.7%, 3.1%, -39.3%, -25.6% and 46.7% respectively.

China once again dominated the sector, having manufactured 23.7 million motor vehicles in 2014, accounting for 26.3% of global production. The US followed with 11.7 million vehicles, holding a 12.9% share in the global production. Japan was the third largest auto manufacturer in 2014, producing more than 9 million motor vehicles, representing 10.8% of world production.
Publish date : Sunday 31 May 2015 19:29
Story Code: 24890
Source : Financial Tribune