Baku, Azerbaijan, June 21
By Fatih Karimov - Trend:
Iran produced 6.344 million tons of crude steel in the first five months of 2014, the World Steel Association said in its latest press release.
The figure shows a 4.4 percent increase compared to the same period of the previous year, Iran's ISNA news agency reported on June 21.
The country's crude steel output in May amounted to 1.33 million tons, which is 3.3 percent more than compared to May, 2013.
The world' total crude steel output in May was around 141.1 million tons, which is 2.2 percent more than the same month of the previous year.
Iran's crude steel production reached 15.421 million tons in 2013, which is 6.6 percent more than its preceding year.
Iran was the world's 15th biggest producer of steel in 2013.
Iran plans to increase its annual steel output to 55 million tons by the end of the Fifth Five-Year Development Plan (2015).