DRI Output Soars to 27m Tons

A total of 27.03 million tons of direct reduced iron were produced in Iran in the last fiscal year that ended on March 19, 7% more compared to the year before.
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 6.44 million tons (down 9% YOY).
In fact, MSC had the largest share of steel production in Iran with an output of 17.22 million tons in the last fiscal year that ended on March 19.
The company produced 8.09 million tons of finished steel during the year, posting a 2% rise compared with last year's corresponding period.
In addition, 9.12 million tons of semi-finished products were produced by MSC, up 1% year-on-year, the Iranian Mines and Mining Industries Development and Renovation Organization’s latest report shows.