Steel Output Near 48m Tons

Iranian steelmakers produced 47.93 million tons of semi-finished and finished steel products during the first 11 months of last fiscal year (March 20, 2020-Feb. 18).
According to the Iranian Steel Producers Association’s latest report, semis accounted for 27.72 million tons of the total output, up by 11% YOY.
Billet and bloom made up 17.35 million tons of semi-finished production, as slab output reached 10.36 million tons to register a 13% and 8% YOY rise, respectively.
The output of finished steel increased by 10% YOY to 20.21 million tons.
Long steel products had a 10.66 million-ton share in the output of finished steel products, posting a 15% growth YOY.