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.
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