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.
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