Domestic Economy
0

Upturn in Steel Output as Exports, Imports Dwindle

Upturn in Steel Output as Exports, Imports Dwindle
Upturn in Steel Output as Exports, Imports Dwindle

Iranian steelmakers registered production growth during the first six months of the current fiscal year (March 21-Sept. 22) compared with last year’s corresponding period.
According to the Iranian Steel Producers Association, the output of semi-finished products hit 15.39 million tons during the period, 19% more than in the corresponding period of last year.
Production of billet and bloom reached an aggregate of 9.36 million tons, registering a 21% year-on-year rise while that of slab reached 6.03 million tons to mark a 15% YOY rise. 
The output of finished steel increased by 11% to 10.31 million tons during the period. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com