Iran’s crude steel output in the 11 months till Jan 2020 period rose by 11pc to 22.873mn mt from 20.679mn mt in the prior year period, according to the statistics released by Iranian Mines and Mining Industries Development and Renovation Organisation (Imidro).
Iranian steelmakers produced 16.595mn mt of steel products during the period.
Production of sponge iron increased by 8pc to 24.687mn mt from 21.964mn mt in the prior-year period. Sponge iron pellet production decreased by 2pc to 34.368mn mt in the period.
Iran’s iron ore output for the period stood at 39.342mn mt, up by 3pc from the prior-year period.