Iran Registers 18% Rise in Steel Production in 6 Months
“The production of crude steel in the first 6 months of the current year was 15.3mln tons which shows an 18% growth compared to the same period last year,” said Seifollah Amiri, director general of Mineral, Steel and Non-steel Department of the Ministry of Industry, Mine and Trade.
He described production of raw steel as one of the minerals with good capacities for production in the country, saying that this capacity is estimated to increase to 47 million tons this year.
“A total of 3,682,000 tons of crude steel were exported from Iran to foreign countries in the first 7 months of the current year,” Amiri said.
Iran’s steel industry has been constantly developing over the past years against all the pressures and obstacles created by outside forces like the US sanctions and the coronavirus outbreak that has severely affected the performance of the world’s top producers.
According to World Steel Association (WSA), Iran is the world’s 10th biggest producer of crude steel.
China is the world’s largest producer.
The World Steel Association is one of the largest and most dynamic industrial associations with members in every major steel-producing country.
The WSA represents steel producers, national and regional steel industry associations and steel research institutes. Members represent around 85% of global steel production.
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