Iran's Steel Output Tops 43m Tons

Iranian steelmakers produced 43.28 million tons of semi-finished and finished steel products during the first 11 months of the current Iranian year (March 21, 2019-Feb. 19) to register a 7.96% year-on-year increase.
According to the Iranian Steel Producers Association's latest report, semi-finished steel made up 24.93 million tons of the total output, up 10% YOY.
Billet and bloom made up 15.33 million tons of semi-finished production while slab output hit 9.59 million tons to register an 18% rise and a 1% decline respectively YOY.
As for finished steel, output increased 5% YOY to 18.35 million tons.