Iran’s monthly steel output decreases by 12%
Baku, Azerbaijan, Dec. 26
By Fatih Karimov- Trend:
Some 1.28 million tons of crude steel were produced in Iran in November 2015, the World Steel Association said in its latest monthly report.
The figure indicates a fall by 12.2 percent compared to the same month of 2014.
About 14.835 million tons of crude steel was produced in Iran in the first 11 months of 2015, 0.9 percent less year-on-year.
Iran was the world's 14th biggest producer of steel in the 11-month period. The country also stood at the first place among the Middle East countries.
World crude steel production for the 66 countries reporting to the World Steel Association was 1.47 billion tons in the 11 months, a 2.8 percent decrease compared to the same months of 2014.
The 66 countries included in the World Steel Association statistics accounted for approximately 99 percent of total world crude steel production in 2014.
China was the biggest crude steel producer in the world in the first 11 months of 2015 with about 738.4 million tons of production, followed by Japan (96.6 million tons), India (82.1 million tons), the US (73.1 million tons), Russia (65.2 million tons) and South Korea (63.8 million tons).
World crude steel production was 126.83 million ton in Nov. 2015, a 4.1 percent decrease compared to Nov. 2014.
The Islamic Republic produced 16.331 million tons of crude steel in 2014.
Iran's crude steel production reached 15.421 million tons in 2013, which was 6.6 percent more than its preceding year.
Iran was the world's 15th biggest producer of steel in 2013.
The world's total crude steel output in 2014 was around 1.636 billion metric tons, which is 1.1 percent more than 2013.