The Islamic Republic of Iran's steel production has witnessed an increase of about 10 percent during the first 11 months of 2011, Press TV reported.
According to a report by the World Steel Association (WSA), Iran's steel output has reached 11.953 million tons during January-November 2011, which shows a 9.7 percent growth over the same period last year.
The figure also shows an 18.3 percent hike in comparison with the number for the same period in 2009, the report added.
According to WSA, Iran was the second leading steel producer in the Middle East in 2010 after Turkey.
The major raw steel producers of Iran are the Mobarakeh Steel Mill, with approximately 47 percent of the market share, the Khuzestan Steel Company with about 23 percent, the Isfahan Foundry with about 20 percent, and the Iran National Steel Industries Group with approximately 10 percent of the market share.
Iran is among the 15 major mineral-rich countries of the world and exports its industrial and mineral products to 159 countries, including Iraq, China, the United Arab Emirates, India and Afghanistan.
Edited by: S. Isayev