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.