Domestic Economy

Iran's Steel Output Surges; World Steel Association's Jan.-June Report Shows:

With crude steel production reaching 12.78 million tons in the first half of 2019, Iran ranked as the world's 10th biggest producer
Iran's Steel Output Surges
Iran's Steel Output Surges

Iranian steel mills produced a total of 12.78 million tons of crude steel during the first half of 2019, which indicates a 5.6% rise compared with the corresponding period of 2018, the latest report released by the World Steel Association shows.
The country's June output increased by 6.1% year-on-year to hit 2.16 million tons, according to the Brussels-based international trade body for the iron and steel industry.
Iran remains the world’s 10th biggest crude steel producer—unchanged compared to the previous monthly report. 
The country is placed between Brazil (ninth) with 16.68 million tons and Italy (11th) with 12.56 million tons.
The world’s 64 steelmakers produced a total of 924.99 million tons of steel over the six months, up 4.9% YOY.


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