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Iran Steel Production Rises 5.9% to Exceed 34 Million Tons


Iranian steelmakers produced 34.8 million tons of semis and finished steel products during the first nine months of the current Iranian year (March 21-Dec. 21) to register a 5.98% year-on-year increase.

According to the Iranian Steel Producers Association's latest report, semi-finished steel made up 19.64 million tons of the total output, up 5% YOY.

Billet and bloom made up 11.6 million tons of semi-finished production while slab output hit 8.04 million tons to register an 11% rise and 2% decline respectively YOY.

As for finished steel, the output increased 7% YOY to 15.16 million tons.

Source: Financial Tribune