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Iran Steel Output Increases 10.2% to 13.8 Million Tons (financialtribune.com)


Iranian steel mills produced a total of 13.89 million tons of crude steel during the first half of 2020 to register a 10.2% rise compared with the corresponding period of 2019, the latest report released by the World Steel Association shows.

The country’s June output stood at 2.43 million tons to witness year-on-year growth of 5.3%, according to the Brussels-based international trade body for the iron and steel industry.

Iran remains the world’s 10th biggest crude steel producer.

The country is placed between Brazil (ninth) with 14.24 million tons of production in H1 and Vietnam (11th) with 10.85 million tons.

The world’s 62 steelmakers produced a total of 873.134 million tons of steel over the six-month period, down 6% YOY.

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