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Rise in an era of global contraction

How did the driving force of Iran’s steel industry manage to reach 43rd place globally by turning geopolitical crises into a technological advantage?

While the global steel industry in 2025 was grappling with a 2 percent decline in production and a broad-based downturn, the industrial giants of the Middle East chose a different path. The World Steel Association’s 2026 report carries a clear message for international markets: Mobarakeh Steel not only preserved its position in these turbulent conditions, but by rising to 43rd place among the world’s top producers, it has also become a symbol of industrial resilience.