Mobarakeh Steel Company produced 8.92 million tons of semi-finished steel products during the first 11 months of the current fiscal year (started March 20, 2020), latest data released by Iranian Mines and Mining Industries Development and Renovation Organization show.
The mill's semi-finished output was 6% higher than the first 11 months of the previous fiscal year.
The company’s output during the 11th month of the current fiscal year (Jan. 20-Feb. 19) increased by 16% to reach 682,433 tons.
MSC and its subsidiary Saba Steel Company produced 7.34 million tons of finished steel during the period. As a result, the company maintained its position as the largest Iranian steelmaker.
Located in southwestern Isfahan, Mobarakeh Steel Company is the biggest steel producer in Iran and the Middle East and North Africa region.
In terms of semis production, MSC was followed by Khuzestan Steel Company with 3.47 million tons of output during the 11 months. The number indicates a growth of 2% compared with the same period of last year.
KSC’s semi-finished output remained unchanged during the 11th month of the year at 260,591 tons.
Esfahan Steel Company came next with 2.08 million tons of bloom output during the 11 months, marking a decline of 6% year-on-year. The company's monthly output of semis dropped by 30% to 138,456 tons.
South Kaveh Steel Company with 1.25 million tons (up 80% YoY), Chadormalu Steel Company with 927,617 tons (down 1% YOY) and Khorasan Steel Company with 841,506 tons (down 21% YOY) were other main producers of semi-finished steel products during the 11 months to Feb. 19.
South Kaveh Steel Company ranked fourth in terms of monthly semi-finished production during the month to Feb. 19. The company’s output stood at 157,950 tons during the month under review, up 75%.
Chadormalu Steel Company followed with 95,122 tons of semis output during the month under review, marking a 4% increase, YOY.
The heavyweight Iranian steel mills surveyed by IMIDRO collectively produced 20.43 million tons of semi-finished products in the first 11 months of the current fiscal year, recording a 7% growth year-on-year.
A total of 1.68 million tons of semi-finished steel were produced by these mills during the 11th month of the fiscal year, up 6% year-on-year.
In terms of production of finished steel, MSC was followed by ESCO with 2.07 million tons (3% lower than the same period of last year).
Other key producers of finished products were Khorasan Steel Company, Bonab Sheet Company, Ahvaz Rolling and Pipe Manufacturing Company, Azarbaijan Steel Company, Sirjan Steel Company and INSIG.
A total of 13.34 million tons of finished steel products, including hot- and cold-rolled coils, rebar, beams, pipes, wide and galvanized sheets, were produced by the heavyweights during the first 11 months of the current fiscal year, up 3% YOY.
Heavyweights' output of finished steel products amounted to 1.19 million tons in the 11th fiscal month to register a 9% increase YOY.
The aggregate annual capacity of Iranian steel companies is around 40 million tons.
Presently, there are 84 steel mills in Iran.
Mobarakeh Steel Company accounts for 18% of the total production capacity with 7.2 million tons per year.
Khuzestan Steel Company comes next with 3.8 million tons followed by Esfahan Steel Company with 3.6 million tons and South Kaveh Steel Company with 2.4 million tons.
As per the goals set in the 20-Year National Vision Plan (2005-25), Iran seeks to become the world’s sixth largest steelmaker by 2025 with a crude steel output capacity of 55 million tons.
IMIDRO is a state-run enterprise and Iran's biggest holding company active in the mining sector.
