Iran steel products output hits 14 million tons
Iranian steel firms produced 14 million tons of steel products
in the first ten months of the current Iranian calendar year, which
started on March 21, Seyyed Rasoul Khalife Soltani, an official
with Iran Steel Producers Union said, IRNA reported on March
10.
The companies also produced 13 million tons of steel ingots which
is 9 per cent more than the same period of the previous year.
Iran imported 2.2 million tons of steel products in the ten-month
period.
The figure shows 28 per cent decrease compared to the same period
of the previous year.
The country's steel products' exports stood at 1.5 million tons in
the mentioned period, indicating a 31 per cent increase over last
year.
Iran's crude steel production reached 14.89 million tons in the
previous Iranian calendar year, which ended on March 20.
Iran plans to increase its annual steel output to 55 million tons
by the end of the Fifth Five-Year Development Plan (2015).
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