Annual steel ingot production exceeds 30mn tons in six months

Speaking at the 8th International Price Conference, held at the venue of Hotel on Sunday, Vajihollah Jafari Deputy , and put the capacity of installed steel ingot from March 21 to Sep. 21 at over 40 million tons.

Turning to the of steel products, he said that 5.8 million tons of steel products were exported overseas in the first six months of the current year (from March 21 to Sep. 21).

CEO of Iranian Mines and Industries Development and Renovation Organization () put the capacity of installed sponge iron in the first six months of the current year at about 36 million tons.

It is predicted that the world’s demand for steel will reach 2.669 billion tons in 2050, the deputy minister of industry added.  

It should be noted that the Islamic Republic of has been ranked among the top 10 steel producers in the world for the third consecutive year in the current Iranian calendar year in 1400 (started March 21, 2021).


Source link:mehrnews

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