Domestic Economy
0

Iran H1 Steel Output Rises to 23m Tons

Semi-finished steel made up 13.08 million tons of the total output, up 6% year-on-year, while finished steel production increased 8% YOY to 10.17 million tons
H1 Steel Output Rises to 23m Tons H1 Steel Output Rises to 23m Tons

Iranian steelmakers produced a total of 23.26 million tons of semis and finished steel products during the first half of the current Iranian year (March 21-Sept. 22) to register a 6.43% increase year-on-year.
According to the Iranian Steel Producers Association's latest report, semi-finished steel made up 13.08 million tons of the total output, up 6% YOY.
Billet and bloom made up 7.67 million tons of semi-finished production while slab output hit 5.41 million tons to register a 13% rise and a 3% decline respectively YOY.
As for finished steel, output increased 8% YOY to 10.17 million tons.
Flat steel products had the lion's share of finished steel production with 5.26 million tons, up 7% YOY. HRC made up 4.41 million tons of the production in this category, registering a 5% growth YOY, followed by CRC with 1.3 million tons (up 5% YOY) and coated coil with 817,000 tons (up 7% YOY).

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com