Iran's apparent steel usage, defined as production plus imports minus exports, sometimes also adjusted for changes in inventories, increased during the first two months of the current Iranian year (started March 21) compared with last year's corresponding period.
The above data were released by the Iranian Steel Producers Association.
Apparent usage stood at 4.6 million tons for semi-finished products, registering a 5% increase compared with last year's corresponding period.
It totaled 3.1 million tons for finished products, posting a 3% increase year-on-year, according to ISPA.
Flat steel products accounted for the largest portion of finished steel consumption with 1.67 million tons, up 3% YOY.
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