Domestic Economy
0

MSC Secures Foothold as Iran's Top Steelmaker

Mobarakeh Steel Company produced more than 4.199 million tons of semi-finished steel products in addition to 4.19 million tons finished products during the first six month of the current Iranian year (March 22, Sep 22, 2020)
MSC Secures Foothold as Iran's Top Steelmaker
MSC Secures Foothold as Iran's Top Steelmaker

Latest statistics released by Iranian Mines and Mining Industries Development and Renovation Organization shows Mobarakeh Steel Company has cemented its position as the top producer of steel in Iran.
According to IMIDRO, Mobarakeh produced more than 4.199 million tons of semi-finished steel products during the first six month of the current Iranian year (March 22, Sep 22, 2020).  
The mill's semi-finished output was 5% higher than the first half of the previous fiscal year. 
The company’s output during the sixth month of the current fiscal year (Aug 22- Sep 22) increased 5% to reach 701,966 tons.
MSC and its subsidiary Saba Steel also had the largest share of finished steel production with 4.19 million tons during the period under review (down 3% 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