Iran produces 70% of Middle East’s crude steel
Iran’s production of crude steel accounted for 70% of the Middle East’s total output during the first five months of 2023, the latest data released by the World Steel Association indicate.
MEHR: Iran’s production of crude steel accounted for 70% of the Middle East’s total output during the first five months of 2023, the latest data released by the World Steel Association indicate.
Iranian steelmakers produced 13 million tons of crude steel from January to May this year, registering a 2.2% rise compared with the corresponding period of last year, Financial Tribune reported.
Steel producers located in the Middle East, including Iran, Qatar, Saudi Arabia, and the UAE, together produced a total of 18.7 million tons of steel during the period, up 1.1% year-on-year.
