Domestic Economy

Steel Output Registers Growth

The output of finished and semi-finished steel stood at 21.59 million tons and 30.43 million tons in the fiscal 2022-23, registering a 10% and 9% rise respectively
Steel Output Registers Growth
Steel Output Registers Growth

Iranian steelmakers’ production volume registered growth in the last Iranian year (ended March 20, 2023) compared with the previous year, data released by the Iranian Steel Producers Association show.
They produced a total of 30.43 million tons of semi-finished products during the period, 9% more than in the previous year.
Production of billet and bloom stood at 18.74 million tons, registering a 12% rise, while slab output stood at 11.69 million tons to mark a 4% rise. 
The output of finished steel increased by 10% to 21.59 million tons. 
Long steel products grabbed the highest share of finished steel output with 12.53 million tons, registering a 12% increase.


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