Iran’s seven-month steel output at 18.1 million mt: Report

Iran’s seven-month steel output at 18.1 million mt: Report

Iranian steel mills have produced as much as 18.1 million metric tons (mt) of the mineral in the first seven months of 2013, according to an official report.

Iran’s January-July production shows a 4.1% increase compared to figures reported in last year’s corresponding period, Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said in a Tuesday report, citing latest figures by World Steel Association (worldsteel).

The worldsteel data also said that a total of 1.103 billion mt of steel has been made globally in the period under review which shows a 0.1% year-on-year decrease.

Iran produced some 2 million mt of steel in July which is 1.5% down compared to figures reported in July 2022. This is while the global steel output in July surged by 6.6% YOY to 158 million mt.

Source: KhabarOnline

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