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Iranian steel mills produced 22.5 million tons of crude steel during January-November. up 17.3% compared with last year’s corresponding period. according to the latest report released by World Steel Association.
Iran’s November steel output grew 2.5% year-on-year to hit 2 million tons. the Brussels-based international trade body for the iron and steel industry added.
Iran has been ranked the world’s 11th biggest producer of steel during the period under Worldsteel`s review. The country is placed between Italy (10th) with 22.81 million tons and Taiwan (12th) with 21.08 million tons.
The world’s 64 steelmakers produced a total of 1.64 billion tons of steel over the 11 months. up 4.7% YOY.
