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Global steel production this year will be less than in the past two years.

The increase in world steel production next year may not be as expected due to the corona virus. The WSD Institute summarizes the reasons for this as: 1) Consumers become more cautious in buying. 2) Limiting the cost of infrastructure due to the deteriorating financial situation of central governments and local municipalities. 3) Industrial companies should be cautious in decisions related to spending their capital. 4) Crude oil prices may not recover enough to stave off a Middle East recession. 5) Capital is taking the place of labor in the capital market. 6) A relatively large portion of global capital is invested in financial instruments such as government bonds. 7) Steel...

93% increase in exports of major steelmakers in the country

The amount of steel exports of large steel companies increased by 96.39% in the first 12 months of the year. 8 of the country′s steel companies, Tin-plated sheets, coils, sponge iron, etc.) were exported....

Growth of 5.11 percent in steel and 6.8 percent in crude iron ore production

A review of the statistics of the Ministry of Industry, Mines and Trade shows that the production of 19 million 77 thousand 700 tons of crude steel in the country in the first 11 months of 1996 and its growth of 5.11 percent compared to the same period of 1995. According to the latest statistics of the World Steel Association, published in January last year, China became the largest producer among 66 countries in 2017 with the production of 7.831 million tons of crude steel, and Iran also produced this year. Reached 7.21 million tons of crude steel. On the horizon of the 20-year vision document is the export of 15 to 20 million tons of...

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