Iran’s metal manufacturing fell barely in October in comparison with the identical month final yr, in accordance with WorldSteel statistics.
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 yr in the past.
The figures present that metal manufacturing within the West Asia area reached 5 million tonnes in October, a rise of 5.4% year-on-year, with Iranian metal manufacturing accounting for 60% of the West Asia area’s whole manufacturing. Ta.
As of October, Iran was the world’s tenth largest metal producer, behind Brazil with manufacturing of three.1 million tons, in accordance with world metal knowledge.
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 whole manufacturing within the 10 months ending in October decreased by 1.6% to 1,546.6 million tons. numbers had been proven.
Recent experiences level out that Iranian metal manufacturing is recovering as power provide restrictions imposed on the business in the course of the summer time months have been eased.
The Iranian Steel Producers Association (ISPA) mentioned in a report final month that the nation’s metal manufacturing declined in some manufacturing classes within the six months to late September, primarily as a result of energy outages ordered in the course of the summer time. He mentioned it had decreased by 10%.
MA/Press TV