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Iran has produced some 18.5 million tons of steel ingot over the past 11 months of the current Iranian year (will end on March 20).
The figure shows a 4-percent increase in comparison to figures from the same period last year.
Iran is now placed among world’s top 10 steel producers which is expected to export at least 10 million tons of steel to the target markets.
The country’s mining industry has projected a 31-million-ton steel output. Once met, it will set a record in the county’s steel industry.
Based on Iran’s 2025 Vision Plan, the country’s steel output capacity is expected to rise to 55 million tons.
