Domestic Economy
0

Iran’s Crude Steel Output Rises 8.5% to 27.9m Tons

Iran has maintained its global standing as the world’s 10th biggest crude steelmaker
Iran’s Crude Steel Output Rises 8.5% to 27.9m Tons
Iran’s Crude Steel Output Rises 8.5% to 27.9m Tons

Iranian steel mills produced a total of 27.9 million tons of crude steel during from the beginning of 2022 until November, registering an 8.5% rise compared with the corresponding period of 2021, the latest data released by the World Steel Association show.
Its November output hit 2.9 million tons, registering a 3.9% year-on-year rise. 
In terms of world ranking, Iran maintained its global standing as the world’s 10th biggest crude steelmaker.
China was the world’s largest producer during the 11-month period with 935.1 million tons of steel output, down 1.4%. It was followed by India with 114.2 million tons (up 6%), Japan with 82.3 million tons (down 6.9%), the United States with 74.4 million tons (down 5.5%), Russia with 65.9 million tons (down 7%), South Korea with 60.6 million tons (down 6.1%), Germany with 34.2 million tons (down 7.9%) and Turkey with 32.5 million tons (down 12.3%).

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