Domestic Economy

H1 Apparent Steel Usage Up 19%

H1 Apparent Steel Usage Up 19%
H1 Apparent Steel Usage Up 19%

Iran's apparent steel usage—defined as production plus imports minus exports, sometimes also adjusted for changes in inventories—during the first half of the current Iranian year (March 20-Sept. 21) stood at 11.82 million tons for semi-finished products, registering a 19% increase compared with last year's corresponding period.
Apparent usage stood at 10.43 million tons for finished products, posting a 22% increase year-on-year, according to the Iranian Steel Producers Association.
Flat steel products accounted for the largest portion of finished steel consumption with 4.73 million tons, up 15% YOY. 


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