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Iran crude steel production surpasse 5 million tons in 4 months

Iran crude steel production surpasse 5 million tons in 4 months

Iran produced 5.015 million tons of crude steel in the first our months of 2014, the World Steel Association said in its latest press release.

The figure shows a 5 percent increase compared to the same period previous year, Iran’s Eghtesadonline news website reported on May 23.

The country’s crude steel output in April amounted to 1.285 million tons, which is 3 percent less than March.
The world’ total crude steel output in April was around 137 million tons, which is 1.7 percent more than the same month previous year.

Iran’s crude steel production reached 15.421 million tons in 2013, which is 6.6 percent more than its preceding year.

Iran was the world’s 15th biggest producer of steel in 2013.

Iran plans to increase its annual steel output to 55 million tons by the end of the Fifth Five-Year Development Plan (2015).

By Milad Fashtami

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