Steel Export/Production Ratio Hit 40% in September: IMIDRO

The steel export/production ratio in Iran stood at 40% in September, the Iranian Mines and Mining Industries Development and Renovation (IMIDRO) reported, citing World Steel Association’s data.
Iran’s crude steel output stood at 2.7 million tons in September, 1.1 million tons of which were exported.
China, the world's biggest steel producer, produces 86.9 million tons during the same period, with exports standing at 6.2 million tons, putting the ratio at 7%.
According to IMIDRO’s website, the ratio stood at 8% for India, the world's second biggest steel producer, as the country produced 9.9 million tons and exported 0.8 million tons.