Iranian steel production increases by 16 percent

Business Materials 5 August 2011 18:24 (UTC +04:00)

Azerbaijan, Baku, Aug. 5 /Trend/

Iranian steel production has increased at a rate of 16.3 percent sofar this year compared to the same period last year to 4.645 milliontons of steel, Iranian Mines and Mining Industries Development andRenovation Organization Chief Masoud Samiee- Nejad announced today.

"Private companies have produced 392, 000 tons," he said.