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  • 25-04-22

    Iran sustains its rank as 10th largest steel manufacturer globally

    (MENAFN) Based on the most recent report announced by the World Steel Association (WSA), Iran has sustained its ranks as the 10th largest steel manufacturer globally in the first quarter of this year.

    According to the report, crude steel output in the country hit 6.9 million tons in the stated three months, recording a 4.4 percent drop on an annual basis.

    The WSA’s report set the crude steel production by the main 64 manufacturers at around 456.6 million tons in the stated time period, 6.8 percent lower than the number for the past year’s first three months.

    Iran’s monthly crude steel production amounted at at 2.3 million tons in March, dropping 6.1 percent in comparison to the number for March of last year. The manufacturers in the globe succeeded to manufacture 161 million tons of steel during the mentioned month to record a 5.8-percent fall on an annual basis.

    MENAFN25042022000045013568ID1104086185

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