According to the statistics, Islamic Republic of Iran produced 20,590,000 tons of crude steel since Jan. 1 up to Oct. 30, 2018. World Steel Association (WSA) also put Iran’s steel production volume in Oct. 2018 at more than 2,070,000 tons, showing a significant 10 percent hike as compared to the last year’s corresponding period. [...]

The price of round bar (rod) rose by199% in October this year compared to the same period last year.

According to the Central Bank, the production of # steel-sized countries has more than 60 times doubled in the last forty years.