News ID: 188130
Published: 0724 GMT February 21, 2017

WSA: Iran's January steel production rises over 11%

WSA: Iran's January steel production rises over 11%

Iran produced 1.52 million tons of crude steel in January, showing a growth of 11.3 percent compared to the figure for the same month of 2015, which was 1.36 million tons.

According to figures released by World Steel Association (WSA) on Tuesday, China topped the list of crude steel producers during the first month of 2017 with an output of 67.2 million tons.

Japan, India and the United States with 9 million tons, 8.4 million tons and 6.87 million tons respectively were listed in second, third and fourth places, the report said.

Global steel production in January amounted to 136.51 million tons, which shows a 1.7-percent rise compared to the output for December of 2016t which reached 134.166 million tons.

WSA is the international trade body of the iron and steel industry. The association represents approximately 170 steel producers, including 17 of the world's 20 largest steel companies, national and regional steel industry associations and steel research institutes.

Its members account for around 85 percent of world steel production.

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