News ID: 217315
Published: 0231 GMT June 26, 2018

Iran's five-month crude steel production up 24%

Iran's five-month crude steel production up 24%

Iran produced 10.14 million tons of crude steel in the first five months of 2018, indicating a growth of 24.25 percent compared with the figure for the same period of 2017, which was 8.16 million tons.

According to statistics released by World Steel Association (WSA), China topped the list of crude steel producers in the period with 369.859 million tons.

Japan, India and the United States with 44.22 million tons, 44.12 million tons and 34.85 million tons respectively were listed in second, third and fourth places, the report said.

In May, Iran produced 2.01 million tons of crude steel—a growth of 3.33 percent against the figure for April, which was 1.95 million tons.

Global steel production in May amounted to 154.86 million tons, showing an increase of 4.7 percent compared with the figure for April which was 147.89 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.

Security Key:
Captcha refresh
Page Generated in 0/9866 sec