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The figures cited in a Sunday report by the Fars news agency showed that Iran had produced 3.00 million metric tons (mt) of steel in October, down 1.9% from the same month last year.<\/p>\n
The figures showed that Iran\u2019s steel output had accounted for 60% of the total production in the West Asia region in October when regional output rose 5.4% year on year to 5 million mt. \u00a0<\/p>\n
World steel data showed that Iran was the 10th largest steel producer in the world in October, trailing Brazil with 3.1 million mt of output.<\/p>\n
They showed that steel production in Iran had reached a total of 25 million mt in the 10 months to October, up 0.6% from the same previous period.<\/p>\n
That comes as regional output also rose 1.3% year on year in January-October to reach 44.1 million mt, the figures showed.<\/p>\n
Global output reached 151.2 million mt, up 0.4% from October 2023, while total output in the 10 months to October reached 1,546.6 million mt, down 1.6% from the same previous period, showed the figures.<\/p>\n
Recent reports have pointed to a rebound in steel production in Iran with an easing of energy supply restrictions imposed on the industry in the summer months.<\/p>\n
The Iranian Steel Producers Association (ISPA) said in a report last month that the steel output in the country had dropped by as much as 10% in some production categories in the six months to late September mainly because of power cuts ordered over the summer.<\/p>\n
MNA\/PressTV<\/p>\n<\/p><\/div>\n
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