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Iran’s steel exports grow by 129%

Tehran, Iran's steel exports have grown by 129% over the first two months of the current Iranian calendar year (started March 21, 2018) compared to the same period last year, Iran's Association of Steel announced on Saturday.

Iran's steel production has also grown by 21 percent year-on-year in a two-month period.

Iranian steel makers produced over 4.258 million tons of unprocessed steel in the period under question.

The figure used to be 3.526 million tons in the same period last year.

Iran is now the world's 13th main steel producer.

China, India, Japan, Russia and South Korea are the world's top five steel producers, respectively.

Source: Islamic Republic News Agency - IRNA

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