Iran Steel Production Tops 47m Tons

Iranian steelmakers produced 47.42 million tons of semi-finished and finished steel products in the last Iranian year that ended on March 19, 2020, to register a 8.37% increase compared to the year before.
According to the Iranian Steel Producers Association's latest report, semi-finished steel made up 27.24 million tons of the total output, up 10% year-on-year.
Billet and bloom made up 16.78 million tons of semi-finished production, indicating an 18% rise YOY while slab output hit 10.45 million tons, posting no significant change YOY.
As for finished steel, the output increased 6% YOY to 20.18 million tons.
Long steel products had the lion's share of finished steel production with 10.22 million tons, up 6% YOY. Rebar had a major share here with 8.3 million tons (up 6% YOY), followed by beams with 1.12 million tons (up 8% YOY) and L-beam, T-beam and other types with 799,000 tons (up 4% YOY).