Iran’s steel production grows 21.4% in 2017

January 22, 2018 - 9:49

TEHRAN- Iran’s production of steel increased 21.4 percent in 2017, IRNA reported on Sunday.

According to the latest report released by World Steel Association (WSA), Iran produced 21.7 million tons of steel in 2017, which showed 21.4 percent rise in comparison with 17.8 million tons in 2016.

Among the 66 studied countries by the international association, Iran is named as the 14th producer of steel across the globe, the same report confirmed.

It is predicted that the country will reach the 13th place in 2018 in steel production.

China is currently the major producer of steel in the world with annual production of 831.7 million tons.

HJ/MA
 

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