Iran’s production of steel dropped by 20.7% year on year in April, according to figures by the World Steel Association (worldsteel ) published in the local media and amid a continued decline in the global steel output that has been caused by lower manufacturing activity in China.
Worldsteel figures published in a Sunday report by the Fars news agency showed that total production at Iranian steel mills in April had reached 2.2 million metric tons (mt).
The figures showed that Iranian crude steel output over the four months to April had totaled at 9.1 million mt, down 8.9% against the similar period in 2021.
Iran remained the 10th largest steel producer in the world, trailing Brazil at output figures of 2.9 million mt for April and 11.6 million mt for the January-April period.
Global output of crude steel continued to decline over April as largest supplier China churned out 92.8 million mt, down 5.2% compared to the similar month last year, showed the worldsteel figures.
By PRESS TV