Baku, Azerbaijan, Oct. 22
By Umid Niayesh - Trend:
Over 12.066 million metric tons of crude steel were produced in Iran during the first nine months of current year, 6.6 percent more compared to the same period of 2013.
The country's crude steel production stood at 1.429 million metric tons in September, which indicates a 4.8 percent increase in comparison with September 2013, the World Steel Association said in its latest monthly report released Oct. 21.
The Islamic republic produced 1.364 million metric tons of steel in September 2013.
The world' total crude steel output in the nine-month period was around 1.23 billion metric tons. The figure indicates a rise by 2.1 percent year on year.
Iran ranked 15th among the world's 65 steel producers in terms of production during the first nine months of 2014.
The country produced 1.141 million metric tons of crude steel in January, 1.26 million metric tons in February, 1.329 million metric tons in March, 1.456 million metric tons in April, 1.422 million metric tons in May, 1.408 million metric tons in June, 1.29 million metric tons in July, 1.332 million metric tons in August, according to the report.
Iran's crude steel production reached 15.421 million metric 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.
Over 1.582 billion metric tons of crude steel were produced in the world in 2013.
Iran's official statistics said that the country produced about 6.918 million metric tons of crude steel during the five month period from March 21 to Aug 22 that was 7.6 percent more compared to the same period of the preceding year (Iran's fiscal year starts on March 21).
The country plans to increase its annual steel output to 55 million metric tons by the end of the Fifth Five-Year Development Plan (2015).
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