|Iran’s steel products output jumps 11%||
TEHRAN – Iran produced over 1.49 million tons of steel products in the first Iranian calendar month of Farvardin (March 21-April 20), an 11 percent rise year on year.
The country’s crude steel output surpassed 1.45 million tons in the same month, showing a 15 percent rise year on year, according to the Mehr News Agency.
Iran’s crude steel output rose 9 percent in the past Iranian calendar year 1392, which ended on March 20, 2014, compared to the year before.
Iran produced 15.64 million tons of crude steel last year.
Iran’s crude steel production reached 14.89 million tons in the Iranian calendar year, which ended in March 2013.
According to officials, the output is projected to increase to 55 million tons by the end of the Fifth Five-Year Development Plan (2015).
Iran was the biggest producer of crude steel in the Middle East in 2013, according to the World Steel Association.
World crude steel production in 2013 amounted to 1.607 billion tons, an increase of 3.5 percent compared to 2012.
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