25 Apr 2024
Monday 11 February 2013 - 13:18
Story Code : 19917

Iran ranks 15th in world in steel production

Recent data show that the Islamic Republic of Iran was the 15th largest steel producer in the world for the year 2012.
According to the latest report published by the World Steel Association, Iran produced 14.463 million tons of crude steel last year, and was named the 15th largest producer of crude steel in the world.

Iran is reportedly the biggest steel producer in the Middle East and North Africa. The countrys main steel mills are located in Isfahan and Khuzestan provinces.

The major raw steel producers of Iran are the Mobarakeh Steel Mill, with approximately 47 percent of the market share, the Khuzestan Steel Company with about 23 percent, the Isfahan Foundry with about 20 percent, and the Iran National Steel Industries Group with approximately 10 percent of the market share

Iran is among the 15 major mineral-rich countries of the world and exports its industrial and mineral products to 159 countries, including Iraq, China, the United Arab Emirates, India and Afghanistan.

By Press TV

 

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