Published On:January 14 2014
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Iran retains position as world 2nd largest sponge iron producer.
FNA cited Mr Bahram Sobhani MD of Mobarakeh Steel Company as saying that Iran has retained its position as a major world steel producer. His company also ranked the second in the world in 2013 in terms of sponge iron production.
Mr Sobhani said that 'Isfahan's Mobarakeh Steel Company became the world's 2nd largest sponge iron producer by producing 14.528 tonnes of sponge iron. India ranked first in 2013 by producing 18.679 tonnes of sponge iron.:
The official said that India accounted for 29.5 percent, Iran for 22.9 percent and Mexico for 9.7% of the world's total sponge iron production in 2013. In December 2012, former Iranian President Mahmoud Ahmadinejad inaugurated the country's second sponge iron plant in the central Iranian city of Isfahan.
The iron sponge plant with the annual output capacity of 1.5 million tonnes increased the country's total sponge iron production to 10 million tonnes per year. The plant developed on a USD 193 million budget created 700 jobs in the region.