Domestic Economy
0

DRI Output Rises 8% YOY to 12.8m Tons

Iran is now the world’s top DRI producer followed by India, as its May output accounted for about half of the global production
DRI Output Rises 8% YOY to 12.8m Tons DRI Output Rises 8% YOY to 12.8m Tons

Close to 12.86 million tons of direct reduced iron were produced in Iran during the first five months of the current fiscal year (March 20-Aug. 21) to register an 8% rise compared with last year’s similar period.
Latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) show Mobarakeh Steel Company accounted for the largest share of output with 3.2 million tons (up 3% YOY).
It was followed by Khuzestan Steel Company with 1. 9 million tons (up 12% YOY), Golgohar with 1.17 million tons, Chadormalu Steel Company with 707,095 tons (up 13% YOY), Hormozgan Steel Company with 692,173 tons (up 2% YOY), South Kaveh Steel Company with 670,299 tons (up 7% YOY), Saba Steel Complex with 572,956 tons (up 19% YOY), Khorasan Steel Company with 489,208 tons, Sirjan Jahan Steel Company with 427,964 tons (up 39%), Mianeh Steel Complex with 346,115 tons (up 55% YOY) and Arfa Steel Company with 340,756 tons (up 5% YOY).
Other major DRI producers included Sefiddasht Steel Company with 325,058 tons (up 10% YOY), Neyriz Steel Complex with 320,963 tons (up 14% YOY), Shadegan Steel Complex with 310,599 tons (up 28% YOY), Baft Steel Company with 300,468 tons (up 138% YOY), Sabzevar Steel Company with 270,114 tons (down 10% YOY), Ghadir Iron and Steel Company with 251,464 tons (down 22% YOY) and Middle East Mines and Mining Industries Development Holding Company with 246,147 tons (down 15% YOY).

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com