Steel Producers Association Cautions Against Power Outage

Electricity supply restrictions imposed on steel plants should be lifted, Rasoul Khalifeh-Soltani, the head of Iran Steel Producers Association, said.
In a letter to the Ministry of Industries, Mining and Trade, Khalifeh-Soltani said, “In the fiscal 2021-22, Iranian steel industry fell short of its target output by 6 million tons, inflicting a loss of $4 billion; restrictions levied on energy supply and power outages were the main reasons behind that loss.” 
In the summer of last fiscal year (June 22-Sept. 22, 2021), steel production declined by 40% compared with the previous quarter (March 21-June 21) due to electricity cuts amid record high domestic consumption.
In a letter to the Supreme National Security Council, ISPA put steel mills’ losses due to power outages at $6 billion from the beginning of last Iranian year (March 21) to Sept. 12.