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Iran Remains World's 10th Biggest Steel Producer; Output Registers 7% Increase

With 4.24 million tons of crude steel production during the first two months of 2019, Iran is placed between Turkey (ninth) with 5.2 million tons and Italy (11th) with 4 million tons
Iran Remains World's 10th Biggest Steel Producer; Output Registers 7% IncreaseIran Remains World's 10th Biggest Steel Producer; Output Registers 7% Increase

Iranian steel mills produced a total of 4.24 million tons of crude steel during the first two months of 2019, up 7.6% compared with the corresponding period of 2018, the latest report released by the World Steel Association shows.
Iran’s February steel output grew 21.7% year-on-year to hit 2.01 million tons, according to the Brussels-based international trade body for the iron and steel industry.
Iran's world ranking was unchanged since December, as it remained at the 10th spot in Worldsteel's latest report. The country is placed between Turkey (ninth) with 5.2 million tons and Italy (11th) with 4 million tons.
The world’s 64 steelmakers produced a total of 287.6 million tons of steel over the two months, up 3.8% YOY.
Global steel output stood at 137.27 million tons in February, indicating a 4.1% increase YOY.

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