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Iran's Steel Output Surges 7% to Over 16 Million Tons

Iranian mills produced 9.48 million tons of semi-finished steel and 7.26 million tons of finished steel during the period under review to post a 9% and 5% YOY rise respectively
Iran's Steel Output Surges 7% to Over 16 Million Tons Iran's Steel Output Surges 7% to Over 16 Million Tons

Iranian steelmakers produced a total of 16.74 million tons of semi-finished and finished steel products during the first four months of the current fiscal year (March 20-July 21) to register a 7.22% year-on-year increase.
According to the Iranian Steel Producers Association’s latest report, semi-finished steel accounted for 9.48 million tons of the total output, up 9% YOY.
Billet and bloom made up 5.56 million tons of semi-finished production while slab output hit 3.92 million tons to register a 8% and 10% rise respectively YOY.
The output of finished steel increased by 5% YOY to 7.26 million tons.

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