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Drastic Decline in Steel Output Due to Power Cuts, Restrictions

Iran’s steel output in the fourth month of the current fiscal year (June 22-July 22) registered a noticeable fall compared with the previous month and the same period of last year
Drastic Decline in Steel Output Due to Power Cuts, Restrictions
Drastic Decline in Steel Output Due to Power Cuts, Restrictions

High summer demand has led to severe power and water shortages in the past few weeks in most parts of the country.
Power supply to steel and cement factories were subsequently restricted by Iran Power Generation, Distribution and Transmission Company (locally known as Tavanir) and only allowed to work at 50% of their capacity from 12-8 a.m. during the period.
The ban on the two key sectors created steel and cement shortages in local markets and prices increased, which created problems for most construction sectors. 
“We have gone through the last few weeks without any restrictions [in supplying electricity to steel mills] since the media succeeded in raising awareness [about the need to save energy] and the industries cooperated,” Mohammad Hossein Motevalli-Zadeh, CEO of Tavanir, was also quoted as saying by Mehr News Agency.

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