Financial Tribune - Iranian steel mills produced a total of 23.64 million tons of crude steel during the first 11 months of 2019 (January to November), which indicate a 5.3% rise compared with the corresponding period of 2018, the latest report released by the World Steel Association shows.

The country's November output declined by 2.6% year-on-year to hit 2.13 million tons, according to the Brussels-based international iron and steel trade body.

However, Iran’s world ranking remains unchanged compared to Worldsteel's previous monthly report: the world’s 10th biggest crude steel producer.

The country is placed between Brazil (ninth) with 29.82 million tons of production and Italy (11th) with 21.81 million tons, the new report shows.

The world’s 64 steelmakers produced a total of 1.68 billion tons of steel over the period, up 2.7% YOY.