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Sunday, May 5, 2024 17:49 GMT
Iran’s steel output has declined, but the country’s global standing remains unchanged, latest data released by the World Steel Association show. Iranian steel mills produced a total of 28.5 million tons of crude steel in 2021, registering a 1.8% decline compared with 2020. The country's December output hit 2.8 million tons, up 15.1% year-on-year. Despite the decline in output, Iran maintained its global status as the world’s 10th biggest crude steelmaker. - Financial Tribune