IMIDRO: Iran ups alloy steel production by 17 percent in 6 months

TEHRAN (FNA)- Iran has considerably increased its alloy steel output in the first half of the current Iranian year (March 21-September 22), a report said.

Alloy steel production reached 225,000 tons in the first six months of the current year showing a 17-percent rise as compared with last year’s corresponding period, a report by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said.

Iran, as the Middle East’s second largest steel producer after Turkey, witnessed significant hike in its steel industry’s production in since January 2014, the Iranian students’ news agency reported.

The world’s steel output totaled 821.349 million tons in the first 6 months of 2014.

Steel production in the first 6 months of 2014 in the EU, Asia and North America rose but it decreased in South America.

By Fars News Agency

 

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