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H1 Steel Production Rises 9% YOY to Over 25 Million Tons

Semi-finished products accounted for 14.39 million tons of the total output during the first half of the current fiscal year (March 20-Sept. 21), up 10% year-on-year, while the output of finished steel increased by 8% YOY to 11 million tons
H1 Steel Production Rises 9% YOY to Over 25 Million TonsH1 Steel Production Rises 9% YOY to Over 25 Million Tons

Iranian steelmakers produced a total of 25.39 million tons of semi-finished and finished steel products during the first half of the current fiscal year (March 20-Sept. 21) to register a 9.16% year-on-year increase.
According to the Iranian Steel Producers Association’s latest report, semis accounted for 14.39 million tons of the total output, up 10% YOY.
Billet and bloom made up 8.67 million tons of semi-finished production while slab output hit 5.7 million tons to register a 13% and 6% YOY rise respectively.
The output of finished steel increased by 8% YOY to 11 million tons.
Long steel products had a 5.56 million-ton share in the output of finished steel products, posting a 13% growth YOY. 
Rebar production stood at 4.54 million tons (up 15% YOY). It was followed by beams with 626,000 tons (up 17% YOY) and L-beam, T-beam and other types with 393,000 tons (down 4% YOY).

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