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Iran boosts steel output in Jan-Sep

It is reported that Iran, the biggest producer of crude steel in the Middle East produced around 12.06 million tons of steel products in the first nine months, up by 6.6% compared to the same period of last year.

In September alone, Iranian crude steel production amounted to 1.42 million tons, up by 4.8% YoY.

In the country’s Fifth Five Year Development Plan (2015), the production output is projected to increase to 55 million tonnes by 2025.

Source – yieh

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