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Worldsteel: Iran’s Steel Output Increases by 12.7% in 11 Months

Iran ranked the world’s 11th biggest crude steel producer — one spot lower than its previous position — and was placed between Vietnam (10th) with 26.7 million tons and Taiwan (12th) with 18.7 million tons
Worldsteel: Iran’s Steel Output Increases by 12.7% in 11 Months
Worldsteel: Iran’s Steel Output Increases by 12.7% in 11 Months

Iranian steel mills produced a total of 26.36 million tons of crude steel during the first 11 months of 2020, which indicate a 12.76% rise compared with the corresponding period of 2019, the latest report released by the World Steel Association shows.
Iran ranked the world’s 11th biggest crude steel producer — one spot lower than its previous position — and was placed between Vietnam (10th) with 26.7 million tons and Taiwan (12th) with 18.7 million tons.
Vietnam posted a 44% growth in crude steel output during the period under review, higher than other major steel producers, becoming the world’s 10th largest producer of crude steel. 
Iran and China came next, with 12.76% and 5.7% increase in 11-month output respectively, followed by Turkey with a 4% growth. This is while growth was negative for the remaining major steel producers.  

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