Baku, Azerbaijan, Oct. 23
By Fatih Karimov– Trend:
Over 2.23 million tons of crude steel was produced in Iran in September 2017, the World Steel Association said in its latest monthly report.
The figure indicates an increase by 40.4 percent compared to the same month of 2016 (1.588 million tons).
The country’s steel output reached 16.233 million tons in the first nine months of 2017, 22.9 percent more year-on-year.
Iran was the world’s 12th biggest producer of steel in the nine-month period. The country also ranked second in the region after Turkey with 27.74 million tons of output.
According to the World Steel Association, 1.266 billion tons of global crude steel production accounted for 66 countries in the first nine months of 2017.
China was the biggest crude steel producer in the world in the first nine months of 2017 with about 633.731 million tons of production, followed by Japan (78.382 million tons), India (71.254 million tons), the US (61.453 million tons), Russia (54.203 million tons), South Korea (52.819 million tons) and Germany (32.876 million tons).
The Islamic Republic’s steel output throughout 2016 hit 17.895 million tons. The country’s steel output in 2015 stood at 16.11 million tons. Iran produced 16.331 million tons of crude steel in 2014.
The country’s crude steel production reached 15.421 million tons in 2013, which was 6.6 percent more than in the preceding year.