Steelmakers’ Losses Hit $6b Due to Electricity Outages

In a letter to the Supreme National Security Council, the Iranian Steel Producers Association has put the losses incurred by steel mills due to power outages at $6 billion from March 21 to Sept. 12.
According to ISPA, 82 production days were lost during the period due to power outages and 300,000 direct and indirect jobs were lost or restricted, the news portal of the association (Steeliran.org) reported.
Summer demand led to severe power and water shortages in the past few months in most regions, which resulted in blackouts and dry taps.