Industry News

Iran records highest steel production growth: Statistics

Views : 236
Update time : 2020-12-25 17:36:34

Tehran, Dec 24, IRNA – The World Steel Association in its latest statistics reported that Iran steel production has experienced 13% growth over the past 11 months of the current year.

This is while global steel production recorded a 1.3 percent decline during this period according to Iranian Mines and Mining Industries Development and Renovation.

The World Steel Association said that Iran steel production hit 26,369,000 tons during the 11 months of 2020.

At present, Iran is the 10th largest steel producing state in the world and has planned to reach a capacity of 55 million tons.

Related News
Read More >>
Rising oil prices pressure Vietnam’s inflation control targets Rising oil prices pressure Vietnam’s inflation control targets
Mar .24.2026
Rising oil prices pressure Vietnam’s inflation control targets
South Africa raises AD duties on structural steel from China & Thailand South Africa raises AD duties on structural steel from China & Thailand
Mar .24.2026
South Africa raises AD duties on structural steel from China & Thailand
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1% Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Mar .24.2026
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern
Mar .24.2026
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern