Iran was rated 10th in iron ore

In the latest reports by the USGS (United States Geological Survey), Iran was rated 10th in iron ore production in 2014. According to this report, with a production of 37 million tons of iron ore, Iran was the 10th largest producer of this material, providing 1.25% of the world’s supply. With a significant difference with other countries, and a production of more than a billion tons (1,320,000,000), China is the world’s largest producer of iron ore. Australia produced 530 million tons (2nd place), and Brazil produced 398 million tons (3rd place).

The chart below shows the amount of iron ore produced over the past few years by some of the more important producers of this material.

 

Table 1-5: Top 10 countries in iron ore production

Top 10 countries in iron ore production
Iran’s definitive and estimated amounts of iron ore reserves are respectively 2,585 and 4,522 million tons, which can be broken down into the following categories based on geographic region.

table 1-6: Amount of Reserves (Million Tons)

AMOUNT OF RESERVES (MILLION TONS)
According to the Islamic Republic of Iran’s 5-year plan (2011 – 2015) steel production will reach 43 million tons. Additionally, according to the country’s comprehensive steel production plans, given a per capita demand close to that of the developed world, and an estimated 12 million tons of export, a production of 54 million tons of raw steel has been planned for 2025.

Table 1-7: Steel production

Steel production

Source: www.theglobaleconomy.com