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Highest growth among global steel producers in Iran

Business Materials 8 December 2009 11:37 (UTC +04:00)

Among the 20 largest steel producers of the world only Iran, China and India have not been affected by the global economic crisis and Iran ranks first in terms of growth.

The Islamic Republic of Iran Broadcasting reported that according to statistics released by the World Steel Association the meltdown has caused steel production in 17 countries to be reduced.

In the first ten months of 2009 steel production in Iran has risen from 8.16 million tons to 9.22 million, an 11 percent growth.

Meanwhile, steel production in the world has decreased 13 percent during this period.

This increase in Iran amid the global economic crisis is proof of the managerial success of the administration in general and the industry ministry in particular.

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