28 Mar 2024
Wednesday 24 December 2014 - 13:20
Story Code : 139714

Iran ranks 14th in Steel production worldwide

TEHRAN (FNA)- The World Steel Association (WSA) announced that Iran with the production of nearly 1.45 million tons of raw steel in November stood 14th among the world industrial states.
In its latest report, the WSA said that the figure indicates a 6.1-percent growth compared with the corresponding figure of last year, which was 1.37mlntons.

It announced that the country still holds its former rank as the worlds 14th steel producer.

The association put Irans 11-month steel output in 2014 at 14.96mlntons, up by 6.4 percent year-on-year, which was 14.07mln tons.

The WSA estimated that total raw steel output of 65 countries in the same period amounted to 1.49bln tons, showing a 1.8-percent increase year-on-year.

In 2013, the figure reached 1.47bln tons.

According to the WSA report, the worlds top 10 steel producers in November included China (63.3mln tons), Japan (9.175mln tons), the US (7.2mln tons), India (6.89mln tons), South Korea (5.911mln tons), Russia (5.84mln tons), Germany (3.59mln tons), Turkey (2.79mln tons), Brazil (2.77mln tons) and Taiwan (1.9mln tons).

By Fars News Agency

 

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