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Iran Steel Output Tops 26m Tons

Semi-finished steel made up 15.16 million tons of the total output, up 5% year-on-year, while finished steel production increased 7% YOY to 11.75 million tons
Iran Steel Output Tops 26m Tons
Iran Steel Output Tops 26m Tons

Iranian steelmakers produced 26.92 million tons of semis and finished steel products during the first seven months of the current Iranian year (March 21-Oct. 22) to register a 5.95% year-on-year increase.
According to the Iranian Steel Producers Association's latest report, semi-finished steel made up 15.16 million tons of the total output, up 5% YOY.
Billet and bloom made up 8.87 million tons of semi-finished production while slab output hit 6.29 million tons to register an 11% rise and 3% decline respectively YOY.
As for finished steel, the output increased 7% YOY to 11.75 million tons.
Flat steel products had the lion's share of finished steel production with 6.07 million tons, up 7% YOY. HRC made up 5.07 million tons of the production in this category, registering a 4% growth YOY, followed by CRC with 1.5 million tons (up 6% YOY) and coated coil with 975,000 tons (up 24% YOY).

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