Iranian steel mills produced a total of 8.48 million tons of crude steel during the first three months of 2020, which indicates a 42.3% rise compared with last year's corresponding period, the latest report released by the World Steel Association shows.
The country's March output grew 46% year-on-year to hit 2.8 million tons.
According to the Brussels-based international trade body for the iron and steel industry, Iran’s world ranking is now at ninth place, between Turkey (eighth) with 8.97 million tons of production and Brazil (10th) with 7.88 million tons.
The world’s 64 steelmakers produced a total of 443.4 million tons of steel over the three-month period, down 1.3% YOY.
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