IFP Exclusive

Iran’s Steel Output Up 10% in 1st Half of 2020

Iran’s steel production has registered a growth despite the coronavirus pandemic.

The country’s steel production rose 10.2% to touch roughly 14 million tonnes in the first half of the year 2020.

Meanwhile, global production of steel dropped in the same period.

According to a report by the World Steel Association, 64 member states turned out more than 783 million tonnes of raw steel from January to the end of February, 2020, down 6% year on year.

Iran’s production crossed the 2.4 million-tonne mark in June, up 5.2% over the similar period in 2019. In a case study for a given month, average global steel production fell by 6% while it grew by 3% in Asia.

Meanwhile, steel production in Japan, South Korea, North America and Europe dropped sharply.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

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