|Iran’s 5-month crude steel output rises 4.4%: WSA||
TEHRAN – Iran produced 6.344 million tons of crude steel in the first five months of 2014, a 4.4 percent rise compared to the same period in 2013, the World Steel Association (WSA) said in its latest press release.
The country’s crude steel output stood at 1.330 million tons in May, a 3.3 percent growth compared to April.
World crude steel production for the 65 countries reporting to WSA was 141 million tons (Mt) in May 2014, an increase of 2.2 PERCENT compared to May 2013.
China, Japan, and the U.S. were the world’s leading crude steel producers in May 2014, by producing 70.4 Mt, 9.6 Mt, and 7.4 Mt of the product, respectively.
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 WSA.
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