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Iran’s metal manufacturing in October decreased by 1.9% year-on-year to three million tons



Figures cited in a Sunday report by Fars News Agency confirmed that Iran produced 3 million tons of metal in October, down 1.9% from the identical month a 12 months in the past.

The figures present that metal manufacturing within the West Asia area reached 5 million tons in October, a rise of 5.4% year-on-year, with Iranian metal manufacturing accounting for 60% of the West Asia area’s complete manufacturing. Ta.

As of October, Iran was the world’s tenth largest metal producer, behind Brazil with manufacturing of three.1 million tons, in line with world metal information.

They confirmed Iranian metal manufacturing totaled 25 million tonnes within the 10 months to October, up 0.6% year-on-year.

The figures present that manufacturing within the area additionally rose 1.3% year-on-year to 44.1 million tonnes within the January-October interval.

Global manufacturing reached 151.2 million tons, a rise of 0.4% in comparison with October 2023, however complete manufacturing within the 10 months ending in October decreased by 1.6% to 1,546.6 million tons. numbers have been proven.

Recent stories level out that Iranian metal manufacturing is recovering as vitality provide restrictions imposed on the business through the summer time months have been eased.

The Iranian Steel Producers Association (ISPA) stated in a report final month that the nation’s metal manufacturing fell by 10% in some manufacturing classes within the six months to the top of September, primarily because of the energy outages ordered through the summer time. % decreased.

MNA/Press TV



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