Steel Output Registers Growth While Exports, Imports Decline

Iranian steelmakers registered solid growth in production in the first five months of the current fiscal year (March 21-Aug. 22) compared with last year’s corresponding period.
According to the Iranian Steel Producers Association, the output of semi-finished products stood at 12.65 million tons during the period, 17% more than in the corresponding period of last year.
Production of billet and bloom reached an aggregate of 7.67 million tons, registering an 18% year-on-year rise while that of slab reached 4.97 million tons to mark a 15% YOY rise. 
The output of finished steel increased by 20% to 9.05 million tons during the period.