Iran has registered the highest growth in crude steel production among the world's top 10 producers, the latest report released by the World Steel Association shows.
Iranian steel mills produced a total of 20.82 million tons of crude steel during the first nine months of 2020, which indicate a 9% rise compared with the corresponding period of 2019, according to the Brussels-based international trade body for the iron and steel industry.
Iran remains the world’s 10th biggest crude steel producer—unchanged compared to the previous monthly report.
The closure of businesses and disruption in industrial operations, as a result of Covid-19 spreading in early 2020, was among key factors causing drops in the output of countries ranked above Iran during the nine-month period.
Iran's September output decreased by 2% year-on-year to hit 2.26 million tons.
Add new comment