INSUBCONTINENT EXCLUSIVE:
released by the World Steel Association (WSA).Production of crude steel in Iran reached 13.6 million tons during the mentioned six months,
output stood at 2.2 million tons in June, falling 10.8 percent compared to the figure for June 2021
526 million and 63.2 million tons of steel, China and India stood in first and second places in the said period, respectively, while Japan
occupied third place producing 46 million tons of the mentioned product.The United States , Russia, South Korea, Germany, Turkey, and Brazil
registered a negative 3.9 percent growth.African nations produced 1.2 million tons of the commodity in June 2022, down 18.7 percent from the
figure for June 2021, while Asia and Oceania countries produced 118.8 million tons, down 3.1 percent, year on year, according to the
mentioned data.The Iranian Steel industry has been constantly developing over the past years against all the pressures and obstacles created