WASP: Iran’s Steel Output Up 50%

Date: 26 February 2020 - 22:15

News ID: ۷۶۶۰۹

TEHRAN (Dispatches) - World Steel Association (WSA) reported on Wednesday that Iran’s steel output has increased by 46.7% in the past 12 months, indicating a stunning jump 20 times bigger than the world average growth of 2.1% in the same period.
"Iran’s steel production has grown by 46.7% which is 20 times more than the world average of 2.1%,” World Steel Association said.
The WSA said that Iran has produced 2,895,000 tons of crude steel in January 2020 that shows a 46.7% growth compared to its previous year’s production in the same month which was 1,971,000 tons.
All the 64 steel-producing counties in the world have produced 154,436,000 tons of crude steel, which shows a 2.1 growth compared to January 2019 when the output was 151,228,000 tons.
China, India, Japan, the U.S., and Russia are respectively the biggest steel producers in the world.