• Tue / 27 November 2018 / 13:24
  • Category: Economy
  • News Code: 97090602493
  • Journalist : 71477

Iran steel output increases 19 pct


Tehran (ISNA) – Iranian steel mills produced a total of 20.6 million tons of crude steel during the first 10 months of 2018, up 19% compared with last year’s corresponding period, the latest report of World Steel Association showed.

Iran’s October steel output grew 10.6% year-on-year to hit 2.07 million tons, the Brussels-based international trade body for the iron and steel industry added.

Iran has been ranked the world’s 11th biggest steel producer during the period under Worldsteel's review. The country is placed between Italy (10th) with 20.61 million tons and Taiwan (12th) with 19.24 million tons, Financial Tribune reported.

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