Domestic Economy

Iran's DRI Output Rises to 18.5m Tons

Iran is the world's second biggest producer of DRI after India
Iran's DRI Output Rises to 18.5m Tons
Iran's DRI Output Rises to 18.5m Tons

A total of 18.55 million tons of direct reduced iron were produced in Iran during the first eight of the current Iranian year (March 21-Nov. 21), 7% more compared with last year's corresponding period, according to the Iranian Steel Producers Association's latest report.
Latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization show Mobarakeh Steel Company accounted for the largest share of the output with 4.55 million tons (down 7% YOY), followed by KSC with 2.62 million tons (up 6% YOY), Golgohar with 1.83 million tons, Hormozgan Steel Company with 1.08 million tons (down 6% YOY), South Kaveh Steel Company with 1.02 million tons (unchanged YOY), Chadormalu Steel Company with 1.01 million tons, Khorasan Steel Company with 943,731 million tons (up 8% YOY), Saba Steel Complex with 807,825 tons (down 1% YOY), Sabzevar Steel Company with 516,005 tons (up 12% YOY) and Arfa Steel Company with 500,739 tons (down 13% YOY).
Other major DRI producers included MIDHCO with 488,912 tons (down 11% YOY), Ghadir Iron and Steel Company with 487,669 tons (down 12% YOY), Sefiddasht Steel Company with 486,082 tons (up 36% YOY), Neyriz Steel Complex with 421,617 tons (down 14% YOY), Shadegan Steel Complex with 408,245 tons (down 13% YOY), Mianeh Steel Complex with 395,958 tons (down 18% YOY), Saba Steel with 374,883 tons, Baft Steel Company with 310,955 tons (up 378% YOY) and Esfahan Steel Company with 66,252 tons (down 44% YOY).


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