Domestic Economy
0

Iran Maintains Position as World’s Tenth Biggest Steel Manufacturer

Iranian steel mills produced a total of 22.4 million tons of crude steel in the first 10 months of 2021, which indicate a 5.7% decline compared with the corresponding period of 2020
Iran Maintains Position as World’s Tenth Biggest Steel Manufacturer
Iran Maintains Position as World’s Tenth Biggest Steel Manufacturer

Latest data released by the World Steel Association show Iran’s steel output has declined, yet the country’s world standing remains unchanged.
Iranian steel mills produced a total of 22.4 million tons of crude steel in the first 10 months of 2021, which indicate a 5.7% decline compared with the corresponding period of 2020. 
As per the t report released by the World Steel Association, Iran's October output hit 2.2 million tons, down 15.3% year-on-year. 
Despite the decline in output, Iran maintained its global status as the world’s 10th biggest crude steel manufacturer. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com