Iran's Steel Output Surges 10%

Iranian steelmakers produced a total of 42.3 million tons of finished and semi-finished steel products during the 11 months to Feb. 19 to register a 10.94% increase compared with last year’s corresponding period.
The Iranian Steel Producers Association's latest report also shows that semi-finished steel made up 22.69 million tons of the total output, up 13% year-on-year.
Billet and bloom made up 12.95 million tons of all semi-finished production volume while slab output hit 9.73 million tons to register a 22% and 4% YOY rise respectively.